Company Announcements

New joint venture combines Del Monte's brand strength and fresh-cut expertise with Riverking's local sourcing and distribution network to serve China's fast-growing fresh-cut fruit market

HONG KONG--(BUSINESS WIRE)--Sep. 1, 2026-- Del Monte Corporation (NYSE: DMC), one of the world's leading vertically integrated producers, distributors and marketers of fresh and shelf-stable produce, today announced that its subsidiary, Del Monte Fresh Produce (HK) Ltd., has entered into a joint venture with Riverking (Shanghai) Agricultural Technology Development Co., Ltd., a leading integrated private fruit enterprise, to expand into the fresh-cut fruit segment in China.

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The joint venture combines Del Monte's brand strength, differentiated packaging, and fresh-cut experience and technology with Riverking's local sourcing, distribution, and customer networks, positioning the partnership to establish a strong presence in China's rapidly growing fresh-cut fruit market. According to DataIntelo’s 2026 Fresh-cut Produce Market report, Asia is the fastest-growing region in the global fresh-cut produce market, with China expected to account for approximately 45% of the region's fresh-cut produce market by 2034, driven by rising consumer demand for convenient, high-quality, and safe produce options.

“This partnership with Riverking marks a significant step into China's fresh-cut fruit market, giving Del Monte a strong platform to deepen our foothold across Asia and bring consumers quality, convenient fruit options they can trust,” said Mohammed Abbas, President and COO of Del Monte Corporation.

The agreement was announced during Asia Fruit Logistica in Hong Kong, where Abbas met with Mr. Zhang Ming, Founder of Riverking Group, to mark the partnership.

"We are honored to partner with Del Monte, whose name has stood for quality and trust for over 135 years. This joint venture combines Del Monte's fresh-cut expertise with Riverking's local knowledge and distribution network. Together, we are well-positioned to bring Chinese consumers premium, safe, and convenient fresh-cut fruit products. We are confident this collaboration will set a new standard in the category," said Mr. Zhang Ming, Founder and Chairman of Riverking Group.

Together, the companies aim to deliver branded, premium, high-quality, safe, and convenient fresh-cut fruit to Chinese consumers.

About Del Monte Corporation

Del Monte Corporation is one of the world's leading vertically integrated producers, distributors and marketers of fresh and shelf-stable food products, with products sold in more than 90 countries worldwide. As the global owner of the Del Monte^® brand, subject to certain existing licensing arrangements, the company operates across fresh produce, fresh-cut fruit and vegetables, refrigerated foods and shelf-stable categories, serving consumers around the world with a portfolio built on quality, innovation and trust.

Formerly Fresh Del Monte Produce Inc., the company changed its corporate name to Del Monte Corporation in June 2026, reflecting its expanded role as steward of one of the world's most recognized food brands and its commitment to unlocking new opportunities for growth, innovation and global brand expansion.

The Del Monte^® brand has been a symbol of quality, freshness and reliability for more than 135 years. Del Monte Corporation is not affiliated with certain other Del Monte companies around the world, including Del Monte Asia Pte. Ltd. The company is the first global marketer of fruits and vegetables to commit to the Science Based Targets initiative and was recognized as one of America's Most Trusted Companies by Newsweek in 2022, 2023, and 2024 and named a Humankind 100 Company by Humankind Investments in 2023 and 2024.

Del Monte Corporation is traded on the New York Stock Exchange under the symbol DMC.

About Riverking Group

Riverking Group is a leading integrated private fruit enterprise headquartered in Shanghai, China. Established in 2003, the company has built a comprehensive global fruit value chain encompassing variety development, cultivation, sourcing, post-harvest processing, cold chain logistics, and international distribution.

With an annual import and export volume exceeding 10,000 containers and over 200 chartered flights per year, Riverking operates proprietary cold storage facilities spanning over 100,000 square meters and maintains wholesale outlets across 11 major produce markets nationwide, supported by 11 supply chain distribution centers strategically located across China. The company also maintains overseas offices in South America, Australia & New Zealand, North America, and Thailand, enabling direct sourcing from key production regions worldwide.

Riverking serves customers across China and international markets through its integrated business divisions spanning Trading, Supply Chain, Cultivation, and Merchandising. With over two decades of industry expertise and a steadfast commitment to quality, innovation, and sustainable growth, Riverking is positioned as a trusted partner in the global fruit industry.

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For Information Contact:
Media Contacts:
Havas Formula
freshdelmonte@havasformula.com

Claudia Pou
Vice President, Global Head of Corporate Communications
communications@freshdelmonte.com

Source: Del Monte Corporation