Corporación Multi Inversiones (CMI) Acquires Significant Stake in Del Real Foods

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.