Flagship Food Group, a food company majority-owned by CREO Capital Partners which manufactures, sells, and distributes a wide portfolio of brands, has invested in Mexican food firm La Tortilla Factory, becoming the majority stakeholder of the company.
The investment is intended to 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, founding partner at CREO Capital Partners.
Source: Flagship Food Group (via Cision)