SAN ANTONIO– C.H. Guenther & & Child LLC has actually gotten Fresca Mexican Foods, LLC, a Boise, Idaho-based maker of flour tortillas, corn tortillas and tortilla chips. Financial regards to the deal were not revealed.
C.H. Guenther stated the acquisition broadens its tortilla production capability while deepening its relationship with foodservice and premier quick-service dining establishment clients.
Developed in 1977, Fresca makes homestyle flour tortillas, die-cut flour tortillas, corn tortillas and tortilla chips at its 190,000-square-foot center in Caldwell, Idaho. The business’s tortillas are without preservatives, synthetic tastes or colors. Fresca makes about 5 million tortillas each day and uses roughly 375 full-time workers.
” I am extremely delighted to invite Fresca to the CHG household,” stated Rod Hepponstall, president and president of C.H. Guenther. “The business’s advanced production center and tactical collaborations with a few of the most popular quick casual and QSR chains in The United States and Canada are a fantastic fit as we continue to perform our development method. We share a dedication to quality, development and customer support, and I am positive the addition of Fresca’s gifted group will reinforce CHG’s dedication to quality items and outstanding service.”
C.H. Guenther & & Child is owned by Pritzker Private Capital. The business has an international footprint, uses roughly 5,000 and has 30 production places in the United States, Canada and Europe. The business produces value-added grain-based and frozen food items for foodservice and retail. Brands owned by the business consist of Leader, White Wings, Sun-Bird and Food Adventures. The business’s roots date to 1851, when Carl H. Guenther developed a flour mill near Fredericksburg, Texas. Business transferred to San Antonio in 1859 and was relabelled Leader Flour Mills in 1898. The initial name was readopted in 1999. Following a duration of fast growth in the 2000s, business was gotten by a group led by Pritzker Private Capital (PAY PER CLICK) in collaboration with co-investors and management in April 2018.
Phil Iler, principal at pay per click, called the acquisition of Fresca “an outstanding tactical fit” for C.H Guenther.
” CHG has actually developed a fantastic industrial baking platform and we’re pleased to continue our effective collaboration together as the business checks out complementary acquisition chances to include item abilities and broaden into brand-new locations,” Iler stated.
Andy Savin, president of Fresca, stated signing up with C.H. Guenther marks an amazing brand-new chapter for the business.
” Together, we’ll continue to provide extraordinary services and products to our clients while broadening our reach and abilities,” Savin stated
Source: Food Business.
