Corporación Multi Inversiones completes acquisition of Del Real Foods to expand its U.S. presence
Acquiring Company
Corporación Multi Inversiones
Acquired Company
Del Real Foods
Guatemala City
Mira LomaArtificial IntelligenceManufacturingFood and BeverageHospitalityRetailFood ProcessingDescription
Corporación Multi Inversiones (CMI) has entered into a definitive agreement to acquire a significant equity stake in Del Real Foods from Palladium Equity Partners. This strategic investment in Del Real Foods solidifies CMI's position in the U.S. market, further diversifying its portfolio while reinforcing its operations and commitment to delivering high-quality products that resonate with consumers.
Quick answer
Corporación Multi Inversiones is acquiring Del Real Foods, announced October 31, 2024. Corporación Multi Inversiones is based in Guatemala City, Guatemala Department, Guatemala.
- How much did Corporación Multi Inversiones pay for Del Real Foods?
- The deal value was not disclosed.
- What does Corporación Multi Inversiones do?
- Corporación Multi Inversiones (CMI) is a family-owned multilatina corporation with a 104-year legacy and operations in 16 countries across Latin America and the United States.
- Where are Corporación Multi Inversiones and Del Real Foods based?
- Corporación Multi Inversiones is based in Guatemala City, Guatemala Department, Guatemala. Del Real Foods is based in Mira Loma, California, United States.
- Who are the decision-makers at Corporación Multi Inversiones?
- Fundz holds 5 contacts at Corporación Multi Inversiones. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Food and Beverage and Hospitality
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- The Middleby Corporation completes acquisition of Emery Thompson Frozen Dessert Equipment Company (October 11, 2024)
- Prairie Farms Dairy acquires SmithFoods to expand its dairy footprint (October 2, 2024)
- Middleby Corporation completes acquisition of Gorreri Food Processing Technology to strengthen its product line (November 26, 2024)
- Fast Casual Concepts, Inc. completes acquisition of CK Distribution to venture into nonalcoholic mixers market (November 25, 2024)
- The Hershey Company expands sweets portfolio with acquisition of Sour Strips (November 8, 2024)
- Danone SA's bid to acquire Lifeway Foods (NASDAQ: LWAY) supported by Edward and Ludmila Smolyansky (November 7, 2024)
Who to call at Corporación Multi Inversiones, and when
When Corporación Multi Inversiones changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Del Real Foods?
Del Real Foods was acquired by Corporación Multi Inversiones, based in Guatemala City. The deal was reported on October 31, 2024. Corporación Multi Inversiones (CMI) is a family-owned multilatina corporation with a 104-year legacy and operations in 16 countries across Latin America and the United States. Corporación Multi Inversiones is privately held and operates in Artificial Intelligence.
When did Corporación Multi Inversiones acquire Del Real Foods?
Corporación Multi Inversiones's acquisition of Del Real Foods was reported on October 31, 2024. Corporación Multi Inversiones (CMI) has entered into a definitive agreement to acquire a significant equity stake in Del Real Foods from Palladium Equity Partners. This strategic investment in Del Real Foods solidifies CMI's position in the U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Del Real Foods do?
Del Real Foods is a leading Hispanic refrigerated foods company known for its authentic, Hispanic meal solutions, handhelds, and snacks. It is privately held, operating in Manufacturing, and is based in Mira Loma.
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