Curate, a Spanish tapas restaurant and one of the best-known eateries in Asheville, North Carolina, sat empty for two days after Hurricane Helene last September. Then co-owner Katie Button reopened it alongside World Central Kitchen to provide meals for many community members who were without electricity and running water. To do so, Curate installed a tank and brought in clean water at the cost of $1,000 a day, racking up $30,000 in water, tank rental and delivery fees.
This is a strategic step forward for Del Monte Foods. After a thorough evaluation of all available options, we determined a court-supervised sale process is the most effective way to accelerate our turnaround and create a stronger and enduring Del Monte Foods.