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1 MIN READ

USA: Cacique to acquire El Sol Foods

April 29, 2019
-
Food, Mergers & Acquisitions, North America

Cacique, self-styled as the leading maker of authentic Mexican style cheeses, cremas, and chorizos in the US, has announced the acquisition of specialist salsa firm El Sol Foods for an undisclosed sum.

El Sol Foods’ salsas are described as being “handcrafted with fresh produce” using a small batch, cold process for “homemade, authentic Mexican flavors”. Newly marketed under the Cacique brand, the product will be available in nine varieties, including Homestyle, Mild, Medium and Hot, as well as in multiple speciality and Organic Homestyle selections.

Commenting on the deal, Cacique said its entry into the salsa category would allow it to spread its portfolio of authentic Hispanic foods to a broader consumer base.

Gil de Cardenas, Cacique chief executive officer, added: “El Sol shares similar values and an unwavering commitment to making the best tasting salsa in the market, so it’s an excellent strategic fit for Cacique. We couldn’t be more delighted to welcome El Sol into our family. We’re excited to further diversify our portfolio to offer even more key components consumers need to make authentic Mexican meals, and we intend to leverage our expertise and resources to build on El Sol’s track record of success”.

Source: Cacique (via PR Newswire)

Tags
Cacique
El Sol Foods
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