Tyson Foods Acquires Don Julio Foods18 February 2013
US - Subsidiary of Tyson Foods, Tyson Mexican Original, Inc., has acquired the assets of Don Julio Foods of Clearfield, Utah.
Don Julio, a maker of flour and corn tortillas, and salty snacks such as potato chips, tortilla chips and pretzels, sells products to retailers throughout the US under the Don Julio Authentic and Clover Club brands.
Tyson Mexican Original is the second largest manufacturer of tortillas in the U.S. A majority of its sales are currently with foodservice customers; however the acquisition will put the company’s products on grocery store shelves throughout the US.
“Don Julio is an example of a brand that’s the right fit for Tyson Foods,” said Donnie Smith, president and CEO of Tyson Foods.
“The people are great, the business expands on an existing tortilla business where we already have expertise and it will allow us to offer our retail customers another product with a loyal consumer following.”
The management team – which includes Nate Fisher, son of company founder, Craig Fisher – will continue to manage the operation. Don Julio employs about 50 people, the majority of whom are expected to become Tyson team members.
The acquisition includes all brands marketed by Don Julio, equipment and related assets. Financial terms of the deal are not being disclosed.
“We are excited to have the Don Julio folks join our Tyson Foods team,” said Richard Irvin, manager of operations for Mexican Original.
“We look forward to working with them and helping them grow the Don Julio and Clover Club brands.”
TheMeatSite News Desk