The acquisition signals the Cacique brand’s entrance into the salsa category
Cacique®, brand of authentic Mexican style cheeses, cremas, and chorizos in the U.S has announced the acquisition of El Sol Foods, a maker of homestyle salsas headquartered in Gilbert, Arizona.
The acquisition signals the Cacique brand’s entrance into the salsa category. It allows Cacique to extend its portfolio of authentic, high-quality Hispanic foods rich in heritage and tradition to even more people across the country.
Cacique Salsas will be available in nine varieties, including Homestyle, Mild, Medium and Hot, as well as in multiple specialty and Organic Homestyle selections.
Gil de Cárdenas, CEO of Cacique, Inc said, “For more than 45 years, Family, Quality, Integrity and Authenticity have been the pillars of the Cacique brand. El Solshares similar values and an unwavering commitment to making the best tasting salsa in the market, so it’s an excellent strategic fit for Cacique. We couldn’t be more delighted to welcome El Sol into our family. We’re excited to further diversify our portfolio to offer even more key components consumers need to make authentic Mexican meals, and we intend to leverage our expertise and resources to build on El Sol’s track record of success.”
Chicago based McNally Capital served as financial advisor and De Cardenas Law Group served as legal advisor to Cacique. Delmorgan & Co. served as financial advisor to El Sol Foods for this transaction.