DMPL is 71%-owned by NutriAsia Pacific Ltd and Bluebell Group Holdings Limited, which are beneficially-owned by the Campos family of the Philippines. Under the terms of sale, San Miguel will receive an aggregate amount of US$150 million as consideration for the shares and other interests following the closing of the transaction. NutriAsia San Miguel Holdings Ltd. owns 100% of NutriAsia Pacific Ltd. which in turn owns 84.5% of DMPL. A subsidiary of the NutriAsia Group is the market leader in the liquid condiments, specialty sauces and cooking oil market in the Philippines. NutriAsia Pacific Ltd has taken an 84.52% stake in Del Monte Pacific Ltd, as the takeover offer of the Singapore-listed company closed on Friday. c/o 17 Bukit Pasoh Road Singapore 089831 Tel: (65) 6324 6822 Fax: (65) 6221 9477 Del Monte Pacific Ltd. (DMPL), majority owned by the NutriAsia Group of Campos family, is buying the consumer food business of US-based Del Monte Foods (DMF) for nearly $1.7 billion. NPL is owned by the NutriAsia group, which is majority-owned by the Campos family of the Philippines, per a Reuters report. Mr Benedict Kwek Gim Song is a Director of Del Monte Foods, Inc, DMPL’s US subsidiary. Two other Campos-led firms — Nutricon, Inc. and NA Pacific Resources, Inc. — remained the majority stockholder after the equity restructuring with a combined stake of more than 60%. He was also a Director and Chairman of the Audit Committee of listed companies including Ascendas REIT. It is one of the largest packaged fruit and vegetable sellers in the world. Del Monte Foods, Inc (trading as Del Monte Foods) is a North American food production and distribution company headquartered at 3003 Oak Road, Walnut Creek, California, USA. A subsidiary of the NutriAsia Group is the market leader in the liquid condiments, specialty sauces and cooking oil market in the Philippines. [6] Campos is also vice chairman of Del Monte Philippines and chairman of Fort Bonifacio Development Corporation. Del Monte Pacific Ltd. reported that its majority shareholder NutriAsia Pacific Ltd. will be subscribing to $120 million worth of its shares that form part of its $180 million stock rights issue.DMPL said that NutriAsia, which owns about 66.8 percent of the company, has agreed to subscribe to its part The Business current operating status is live and has been operating for 6 years 148 days. nutriasia.com NutriAsia was founded in 1991 as Enriton Natural Foods by Joselito Campos, the eldest son of industrialist José Yao Campos . Mr Kwek was Chairman of previously SGX-listed Pacific Shipping Trust from 2008 to 2012. Ltd and these companies' affiliates. The firm is part of the Campos-led NutriAsia Group, which includes Singapore-listed firm Del Monte Pacific Ltd. DMPL is 67 percent-owned by NutriAsia Pacific Ltd (NPL). 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