Flagship Food Group Acquires Yucatan Foods

Flagship Food Group, a manufacturer of branded and private label Hispanic food products, has acquired Yucatan Foods, adding guacamole and dips to its portfolio.

Yucatan Foods manufactures guacamole and salsa under the Yucatan and Cabo Fresh brands at a facility in Silao, Mexico. Flagship put emphasis on vertical integration with the addition of the 97,000-square-foot site.

“Our current product portfolio is very complementary to that of Yucatan,” said Flagship’s Matt Finnerty. “We are excited to plan some impactful cross-promoting of our world-famous Hatch Valley green chile and salsa, chips, tortillas, and now fresh guacamole.”

Yucatan joins Flagship’s other brands including 505 Southwestern, La Tortilla Factory and Lilly B’s.

“This is great for the future of this legendary brand in the guacamole category,” said Stephen Hillion, VP of Sales and Marketing for Yucatan. “Being part of this broad family of complementary Hispanic and Southwestern food products will allow us to offer more value to our retail partners and to consumers. We are going into immediate action to collaborate with our partners to realize these synergies.”

Flagship Food Group operates facilities and offices in or near Boise, Idaho, Denver, Colo., Albuquerque, N.M., Santa Rosa and San Francisco, Cal., Minneapolis, Minn. and Moundridge, Kan.