The investment will support the company's long-term growth strategy
January 29, 2021
Cacique®, LLC – an independently owned Hispanic foods company and maker of authentic Mexican-style cheeses, cremas, and chorizos in the US – announced an addition to the company's ownership group as part of a round of funding that will be used to accelerate the brand's continued rapid growth nationwide. Boston-based investment manager The Baupost Group, LLC ("Baupost") will take a minority stake in Cacique.
Move creates expansive Hispanic frozen novelty company
January 21, 2021
Wind Point Partners and portfolio company Tropicale Foods, a manufacturer of authentic Hispanic-inspired frozen novelty products under the Helados Mexico brand, announced the acquisition of Paleteria La Michoacana (“PLM”), a portfolio company of Canum Capital Partners and Greyrock Capital Group.
Acquisition is on-trend to support rising consumer demand for Mexican flavors
January 19, 2021
Olam Food Ingredients, the new operating group created after the reorganization within Olam International Limited earlier this year, is expanding its Spices portfolio to meet the rising demand for bold, authentic flavors with the acquisition of one of the world’s leading suppliers of premium green chiles, jalapeños and enchilada sauces.
True Source Honey will update certification standards in 2021
January 12, 2021
The updated standards will note that True Source Certified Honey whether imported to North America or purchased directly from North American beekeepers is tested for authenticity by an accredited laboratory at some point in the supply chain using either EA/LC-IRMS and Nuclear Magnetic Resonance (NMR) profiling or EA/LC-IRMS and High Resolution Mass Spectrometry (HRMS) analysis. This is in addition to the long-established pollen analysis requirements for shipments of honey from countries identified as high-risk.
Today’s consumers carry more culinary knowledge than ever before, and can boast familiarity with ingredients such as lemongrass and kaffir limes, black garlic, fenugreek and carob.
The company joins forces with Pepper Teigen, designer Zipeng Zhu, and Asian food brand Omsom to replace outdated "No MSG" signs with new "KNOW MSG" symbol
December 2, 2020
Ajinomoto Co., Inc., a producer of MSG committed to championing science and setting the record straight on the ingredient, announced a new campaign to address the heart of MSG's perception problem in the US: xenophobia-born misinformation.
Move accelerates McCormick's condiment growth with a complementary authentic Mexican flavor hot sauce brand
November 25, 2020
McCormick & Company Inc., a global leader in flavor, announced that it has signed a definitive agreement to acquire the parent company of Cholula Hot Sauce®, a premium hot sauce brand that delivers authentic Mexican flavor, from L Catterton, for $800 million in cash.
The three new side dishes are packaged in convenient-to-prepare microwavable pouches
October 12, 2020
La Tortilla Factory recently introduced new Authentic Mexican Side Dishes. Always passionate about innovating in the Mexican food category, La Tortilla Factory has expanded beyond the tortilla aisle, introducing three new microwavable pouches.