05 Dec 2018 --- Landec Corporation’s wholly-owned subsidiary, Apio, Inc., has acquired Yucatan Foods, L.P, adding two leading guacamole brands, Yucatan and Cabo Fresh, to its portfolio of clean label plant-based brands. The US$80 million acquisition accelerates the transformation of Landec’s packaged fresh vegetable business to a natural foods business, according to Landec CEO Molly Hemmeter. The company is seeking to keep pace with demand from “plant forward” consumers – people who are not necessarily vegan or vegetarian, but prefer the majority of their meals to be plant-based.
