Teasdale Foods Buys Tortilla Maker Mesa Foods Amid Rising US sales of Hispanic Foods

22 June 2016 --- Teasdale Foods, the US sauce and bean maker, has acquired Hispanic tortilla maker Mesa Foods for an undisclosed amount.

Mesa Foods is based in Louisville, Kentucky, and is majority owned by private equity company Snow Phipps Group.

Founded in 1984, Mesa Foods makes tortillas, flatbreads and taco shells and will grow Teasdale's branded and private label Hispanic foods sold across shops and in restaurants.

The acquisition comes as Hispanic food sales grow in the US and are expected to hit the $11bn mark in 2017.

Mesa Foods will join Teasdale's portfolio of Hispanic brands, including Jardine Foods, a producer of natural and organic sauces including salsas, dips, quesos, BBQ and hot sauces and  Casa Fiesta, which makes authentic Mexican foods in the beans, peppers, sauces, corn products and seasonings categories.

"We are excited to welcome Mesa into the Teasdale family," said Chris Kiser, Teasdale's CEO. "Mesa adds tortillas to our portfolio, which are a core part of Hispanic snacking favorites such as quesadillas, wraps, fajitas, burritos and enchiladas.  Teasdale offers all the product categories necessary to help bring the best of Hispanic food to consumers." 

Mesa Foods will continue to operate as a division of Teasdale Foods with the existing management team continuing on with the business.

"We are pleased to have executed on a number of Teasdale's unique growth opportunities and look forward to our continued expansion," said Peter Shea, Teasdale's chairman and Snow Phipps' operating partner.

"Mesa rounds out Teasdale's product offering and will allow us to drive further growth by providing customers with best in class products, service, and innovation and market insights."