Global food company Flagship Food has announced the acquisition of the Select New Mexico brand from Es Mi Tiempo, for an undisclosed sum.
Select New Mexico is a brand of green chilli food products that are sold in all US states as well as in the UK. Flagship Food said that it has no plans to change the product offerings or any relationships with suppliers or vendors. In addition, the group said it was intending to retain current Select New Mexico management and key personnel.
In a statement, Flagship Food head of M&A Patrick Moulder said: “We are so excited to be joining forces with another company here in the Denver area that is committed to bringing high quality, Southwestern-style food products to market. Both of our companies have a deep passion for New Mexican cuisine, Hatch Valley green chiles, and sauces, salsas, and condiments that enhance the flavour of almost any meal. Select New Mexico brings our company a network of dedicated drivers and sales professionals that will help us better serve our customers in the Front Range and in New Mexico”.
Harold Montana, president of Select New Mexico, added: “It will be business as usual for our employees and customers, except that now we just have more resources behind us”.
Source: Flagship Food Group
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