Tyson Foods acquires Don Julio Foods
Feb. 15, 2013
by Meat&Poultry Staff
SPRINGDALE, Ark. – Tyson Mexican Original, Inc., a subsidiary of Tyson Foods, Inc., acquired the assets of Clearfield, Utah-based Don Julio Foods. Don Julio produces tortillas and salty snacks under the Don Julio Authentic and Clover Club brands.
The acquisition includes all brands marketed by Don Julio, equipment and related assets. The management team — which includes Nate Fisher, son of company founder, Craig Fisher — will continue to manage the operation. Don Julio employs 50 people. Financial terms of the deal were not disclosed.
“Don Julio is an example of a brand that’s the right fit for Tyson Foods,” said Donnie Smith, president and CEO of Springdale, Ark.-based 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.”
Tyson Mexican Original is the second largest manufacturer of tortillas in the US, according to the company. The company supplies mostly foodservice customers; however the acquisition will put the Tyson Mexican Original products on grocery store shelves throughout the US.