Cacique acquires US home-style salsas maker El Sol Foods

US-based Hispanic food products manufacturer Cacique has acquired home-style salsa maker El Sol Foods for an undisclosed sum.

Founded in 1973, Cacique is a family-owned company that has been producing Hispanic cheeses, creams, yoghurts and chorizos in the US.

Cacique CEO Gil de Cárdenas said: “For more than 45 years, family, quality, integrity and authenticity have been the pillars of the Cacique brand. El Sol shares similar values and an unwavering commitment to making the best tasting salsa in the market, so it’s an excellent strategic fit for Cacique.

“We couldn’t be more delighted to welcome El Sol into our family. We’re excited to further diversify our portfolio to offer even more key components consumers need to make authentic Mexican meals, and we intend to leverage our expertise and resources to build on El Sol’s track record of success.”

With this acquisition, Cacique has forayed into the salsa category and further enhanced its portfolio of Hispanic foods.

Beginning in May, Cacique salsa products will be rolled out across the US.

Cacique salsas will be available in nine varieties, including home-style, mild, medium and hot, as well as speciality and organic selections.

Cacique claims that its home-style salsas have been handcrafted with fresh produce using a small-batch process to complement the tradition that El Sol began more than three decades ago.

For this transaction, McNally Capital served as financial adviser and De Cardenas Law Group acted as the legal adviser to Cacique, while Delmorgan & Co served as financial adviser to El Sol Foods.