Del Monte Foods Bankruptcy: Why This 140-Year-Old Icon Collapsed Under Billions in Debt

Описание: Del Monte Foods, the legendary company behind those iconic canned fruits and vegetables, has officially filed for Chapter 11 bankruptcy. With billions in debt, rising costs, and a massive shift in consumer demand away from canned goods, Del Monte couldn’t keep up. In this video, we’ll break down exactly how the company ended up in this financial disaster—from tariffs and unsold inventory to lawsuits over debt deals. We’ll also explain what Chapter 11 means, what happens to their brands like Contadina and Joyba, and why this bankruptcy only affects their U.S. operations. Plus, we’ll look at how big partners like Uber Freight are owed millions and what comes next for creditors, vendors, and employees. This is a cautionary tale of what happens when iconic brands fail to adapt in a fast-changing market. Don’t miss this in-depth look at one of the biggest food bankruptcies in recent memory.

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