Tyson Buys Don Julio Foods
Posted: February 15, 2013 at 11:10 a.m.
Tyson Foods' subsidiary company, Tyson Mexican Original, 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 United States 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 U.S.
“Don Julio is an example of a brand that’s the right fit for Tyson Foods,” Donnie Smith, Tyson president and CEO, stated in a press release. “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.