MegaMex Foods to acquire Don Miguel Foods
September 7, 2010
by Keith Nunes
CHINO, CALIF. — MegaMex Foods L.L.C., a joint venture between Hormel Foods Corp. and Herdez Del Fuerte S.A. de C.V., is in the process of acquiring Don Miguel Foods Corp. from TSG4 L.P., a private equity fund. Terms of the agreement were not disclosed.
Don Miguel Foods is a manufacturer of branded frozen and fresh Hispanic appetizers, snacks and handheld products. The company has a processing facility and distribution center in Dallas.
“Don Miguel Foods will add new competencies that will allow us to continue expanding our presence in the nation’s leading convenience stores, club stores and supermarkets,” said Luis G. Marconi, managing director at MegaMex Foods.