NOTE 14. SUBSEQUENT EVENT (Unaudited)


On September 1, 2000, Del Monte acquired the world-wide rights to the Sunfresh brand fruit product line of UniMark Group, Inc. (“UniMark”), as well as certain finished goods inventory and UniMark’s McAllen, Texas distribution center. The total purchase price for those assets was $14.5 paid solely in cash. The purchase price is subject to adjustment based on the inventory value at closing. Concurrently, the Company executed a five-year supply agreement under which a UniMark affiliate will produce certain chilled and canned citrus products at their existing facility in Mexico.