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Flagship Food Group buys majority stake in La Tortilla Factory


La Tortilla Factory dates back to 1977
Investor-backed Flagship Food Group, a retail and private-label supplier in the US, has taken a majority stake in Mexican food business La Tortilla Factory.
Flagship Food, majority-owned by Denver-based Creo Capital Partners focused on consumer products, said the deal was completed this week, although financial terms remain confidential. 
The Tamayo family-owners of La Tortilla Factory will continue to remain valued partners with its 300 to be retained, Flagship Food said in a statement.
La Tortilla Factory was founded in 1977 by Jose and Mary Tamayo in Santa Rose, California, and manufactures better-for-you Mexican foods, including corn, flour and grain-free tortillas, along with side dishes, sauces and snacks for the retail and foodservice channels. Sam Tamayo, a third-generation family member, is chairman. ....

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La Tortilla Factory Announces Investment by Flagship Food Group


La Tortilla Factory Announces Investment by Flagship Food Group
Family-owned La Tortilla Factory, makers of high quality tortillas and authentic Mexican foods, finds like-minded partner to support future growth
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SANTA ROSA, Calif. and DENVER, Jan. 28, 2021 /PRNewswire/ La Tortilla Factory, Inc.  (LTF) announced today that Flagship Food Group, LLC (Flagship) has agreed to make an investment into the company to support its future growth strategy.  Flagship will become the majority stake holder in the company while the third generation Tamayo family members continue to remain valued partners.
We are excited and eager to embrace Flagship Food Group and its entire family of companies and brands as supporters of La Tortilla Factory s strategic growth plan, said Jeff Ahlers, CEO. Their investment acumen and broader experience in the food industry will support and accelerate our strategy, especially given ....

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