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Del Monte to close two US facilities, sell another as it turns to asset-light strategy
Published Wed, Aug 21, 2019 · 09:50 PM
Singapore
FOOD and beverage firm Del Monte Pacific Limited will close two US production facilities and sell a third in a bid to move to an asset-light strategy, it said in a bourse filing on Tuesday night.
Owned by its US subsidiary Del Monte Foods, the two facilities to be closed are located at Sleepy Eye in Minnesota and Mendo…
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