Sigma Alimentos Acquires Majority Stake in Hispanic Cream, Cheese Producer
Sigma Alimentos S.A. de C.V. will acquire a majority stake in Los Altos Foods, a U.S. processor of Hispanic cheese and cream. According to a release from Sigma, Los Altos Foods produces authentic Mexican cheese products positioned for the multicultural North American consumer market under the Los Altos brand. The company has been in operation for more than 24 years out of a processing plant near Los Angeles, where more than 260 employees work.
Los Altos generates approximately $100 million in annual revenue, the release states. Financial terms were not disclosed.
About the Author
Andy Hanacek
Senior Editor
Andy Hanacek has covered meat, poultry, bakery and snack foods as a B2B editor for nearly 20 years, and has toured hundreds of processing plants and food companies, sharing stories of innovation and technological advancement throughout the food supply chain. In 2018, he won a Folio:Eddie Award for his unique "From the Editor's Desk" video blogs, and he has brought home additional awards from Folio and ASBPE over the years. In addition, Hanacek led the Meat Industry Hall of Fame for several years and was vice president of communications for We R Food Safety, a food safety software and consulting company.