Flagship Food Group has invested in La Tortilla Factory becoming the majority stakeholder of the company.
With the investment, Flagship Food Group, a food company majority-owned by CREO Capital Partners which manufactures, sells, and distributes a wide portfolio of brands, will support La Tortilla Factory’s future growth strategy.
La Tortilla Factory is a family-owned manufacturer and distributor of Mexican food products such as corn, flour, tortillas, sauces, and snacks, employing 300 people in its manufacturing and distribution sites.
“We are excited and eager to embrace Flagship Food Group and its entire family of companies and brands as supporters of La Tortilla Factory’s strategic growth plan,” said Jeff Ahlers, CEO of La Tortilla Factory.
“As Flagship has continued to focus on premium-oriented food brands, and in particular in the Hispanic foods sector, it became clear to us that La Tortilla Factory was a perfect addition to our platform,” said Rob Holland, the founding partner at CREO Capital Partners.