Tyson Foods, Inc., Springdale, Ark., has agreed to sell its Circle Foods operations, which it has owned since 2013, to Japanese food producer, Ajinomoto Co. Inc., for an undisclosed sum. Tyson is working with the company's U.S. subsidiary, Ajinomoto Windsor, on the transaction, Tyson said.
Circle Foods, San Diego, was founded in 1983 as a producer and distributor of flatbreads, tortillas and Mexican food products under brands such as TortillaLand, Nuevo Grille and Rotiland. The business will join Ajinomoto Windsor's frozen food division once the transaction is complete. Ajinomoto Group operates several specialist units around the world.
“We anticipate this transaction to be completed this spring, and are working with Ajinomoto Windsor on a transition plan for operations,” Tyson said in a statement. “As part of this transaction, we will retain some elements and assets of our San Diego operations. Our primary focus will be to continue delivering results for our customers by producing high quality products.”