DLM Foods, LLC has sold Techni-Cal

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Transactions

DLM Foods, LLC a joint venture of Del Monte and Heinz, has sold Techni-Cal

Kerlin represented the joint venture to sell a former Heinz pet food operation in Canada to its largest customer, a Netherlands-based distributor. Kerlin developed a de novo business plan to be used in the sale process that described the pro forma financial effects of moving this operation to Europe. This plan was used to establish the valuation with the buyer, and the transaction was successfully negotiated and closed.