The transaction is straightened with Flagship’s aim to further strengthen its share of the Hispanic food classification and follows its purchase of La Tortilla Factory in February. Flagship said both firms are complementary as well as settings it as one of the leading 10 branded tortilla firms in the country.Flagship is a varied food business that offers a wide range of food and also solutions under the 505 Southwestern, La Tortilla Factory, Lilly B’s, Hatch Kitchen, TJ Farms as well as various other brands. Under Creo’s possession, its brand names have experienced considerable 15-fold growth as well as expanded national distribution. 505 Southwestern, crafted with New Mexico environment-friendly chiles as well as made in Albuquerque, today is the country’s largest shaken green chili brand.Principal emphasis”
We are developing a first-rate, scaled, branched out food company, “claimed Rob Holland, founder as well as handlingcompanion of Creo Capital Partners. “The Hispanic foods classification has been our primary
emphasis for nearly a decade, as well as the addition of Tortilla King expands both our abilities and also geographic footprint. “Tortilla King’s present executive group will certainly remain in position under its brand-new possession, while co-founder Juan Guardiola remains an investor as well as head of state of the company.The Moundridge-headquartered firm creates a series of flour as well as corn tortillas, tortilla chips as well as Mexican items– along with reduced carbohydrate, internet no carb and also gluten-free choices– under the Mama Lupe, La Comida and L’il Guy brand names for food companies as well as national retailers. Its plant in the heartland of the United States has close closeness to its resources providers, while its inhouse DSD(straight store distribution )enables fast turnaround in distribution.