Del Monte Foods purchased Kitchen Basics, a line of ready-to-use stocks and broths, from McCormick & Co., boosting the CPG’s retail presence in a category popular with at-home cooks.
The purchase of Kitchen Basics, shared exclusively with Food Dive, supports Del Monte’s growth strategy as the 136-year-old company focuses on innovating and broadening its iconic brand portfolio. It also expands the geographic reach of its stocks and broths business, currently led by College Inn, while providing additional scale to help Del Monte grow the category across its North American footprint.