On October 21, 2025, Fresh Del Monte Produce Inc. (NYSE: FDP) and Church Brothers Farms announced a sale and transfer agreement for key assets of Fresh Del Monte’s Mann Packing business. The deal includes the transfer of operations at Mann Packing’s state‑of‑the‑art facility in Gonzales, California, to Church Brothers. The transaction is part of a long‑term growth strategy for both companies.
For Fresh Del Monte, the divestiture allows the company to focus its resources on higher‑margin, value‑added fruit and fresh‑cut categories. By shedding the vegetable division, Fresh Del Monte can enhance operational efficiency, optimize its margin profile, and continue developing opportunities to convert residual materials into new value streams. The move aligns with the company’s disciplined commitment to long‑term sustainable growth.
Church Brothers Farms will use the acquired facility to expand its integrated supply network and strengthen its presence in the retail and foodservice markets. The acquisition supports Church Brothers’ steady growth strategy and long‑term commitment to the vegetable category, providing a true one‑stop shop for customers seeking continuity, quality, and convenience. The move also positions Church Brothers to leverage its vegetable expertise and value‑added capabilities.
The transaction underscores a broader industry trend of vertical integration and specialization. By aligning each company around its core strengths, the deal is expected to improve supply chain resilience and create new value for customers across the produce sector. Investors will watch how the divestiture impacts Fresh Del Monte’s margin expansion and Church Brothers’ market share in the vegetable segment.
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