Flagship Food Group (with CREO Capital) Acquires Yucatan Foods
February 8, 2023
Flagship Food Group, with co-investor CREO Capital Partners, has acquired Yucatan Foods, adding the Yucatan and Cabo Fresh guacamole and dips brands and a 97,000 sq. ft. manufacturing facility in Silao, Mexico to its portfolio. The deal expands Flagship's refrigerated/deli/produce offerings, strengthens its Hispanic and Southwestern product set, and supports vertical integration and cross-promotional opportunities with its existing brands.
- Targets
- Yucatan Foods, LLC
- Sellers
- Lifecore Biomedical, Inc. (Curation Foods / Avocado Products business)
- Industry
- Food & Beverage
- Location
- Guanajuato, Mexico
- Transaction Type
- Buyout
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