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

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