Corporación Multi Inversiones (CMI) Acquires Significant Stake in Del Real Foods
October 31, 2024
Corporación Multi Inversiones (CMI), through its CMI Foods business, has entered a definitive agreement to acquire a significant equity stake in Del Real Foods from Palladium Equity Partners. The Cardenas family and Palladium will each retain minority stakes; the deal expands CMI's U.S. footprint and strengthens Del Real's position in refrigerated Hispanic prepared foods. Financial terms were not disclosed and the transaction is subject to regulatory approvals.
- Buyers
- CMI Foods (Corporación Multi Inversiones)
- Targets
- Del Real Foods
- Sellers
- Palladium Equity Partners, LLC
- Industry
- Food & Beverage
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Once Upon a Farm Acquires Raised Real
June 22, 2021
Food & Beverage
Once Upon a Farm (a Berkeley-based plant-based kid nutrition company) acquired Raised Real, a direct-to-consumer organic baby food meal delivery company. The acquisition adds Raised Real’s frozen meal capabilities and subscription DTC assets to Once Upon a Farm’s portfolio, expanding its product formats (fresh refrigerated pouches to frozen meals) and strengthening its DTC and retail reach.
-
Latina Boulevard Foods Acquires C&R Food Services Inc. (assets)
June 27, 2023
Food & Beverage
Latina Boulevard Foods, a portfolio company of The Anderson Group, purchased the assets of C&R Food Services Inc., a broadline food distributor operating a facility in Mt. Morris, New York. Latina will maintain the Mt. Morris facility and retain previous owners Brian and Rachael Heywood to lead the division as the company expands its Central New York footprint and product offering.
-
Tropical Cheese Industries Acquires Cibao Meat Products
January 13, 2026
Food & Beverage
Tropical Cheese Industries, a PE-backed Hispanic dairy and refrigerated foods platform, has acquired Cibao Meat Products and will integrate it as the Cibao Meat Products Division. The deal (terms undisclosed) strengthens Tropical Cheese’s meats offering, adds cold‑chain logistics capabilities, gives the Vieluf family a rolled equity stake, and expands the combined company’s reach across the U.S. East Coast.
-
Apex Capital Acquires Majority Stake in Juanita's Foods
April 28, 2025
Food & Beverage
Apex Capital, a Miami-based private equity firm affiliated with Grupo Mariposa, has acquired a majority stake in Juanita's Foods, the Wilmington, California–based producer of shelf-stable Mexican food products. The De La Torre family will retain a significant ownership interest and remain involved as Apex seeks to scale the brand, drive operational improvements and expand its market reach.
-
Del Sol Food Company Acquires John Wm. Macy's Bakery
June 7, 2023
Food & Beverage
Del Sol Food Company, maker of BRIANNAS Fine Salad Dressings, has acquired John Wm. Macy's Bakery, a New Jersey-based manufacturer of baked cheese sticks, cheese crisps, and crostinis. John Wm. Macy's will continue operations in Elmwood Park, New Jersey, and the acquisition is intended to create product and operational synergies between the two companies.
-
Cerealto Makes Majority Investment in Fresca Foods
November 4, 2025
Food & Beverage
Spanish food manufacturer Cerealto has made a majority investment in Fresca Foods, a Colorado-based co-manufacturer of natural and organic snacks. Cerealto will hold a controlling stake while Fresca’s U.S. leadership team remains significant shareholders and continues to run day-to-day operations; the partnership establishes a substantive U.S. manufacturing presence to accelerate growth in the natural and organic snacking market.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.