Jackie L Chan

Taylor Farms to Become Stakeholder in Spanish Produce Company Foodiverse

July 21, 2023
Partnership between the two fresh food processors expected to boost innovation efforts in sustainability, quality and food safety arenas.

Taylor Farms, a North American producer of salads and healthy fresh foods, has reached an agreement to become a significant shareholder in Spanish fresh food producer Foodiverse through a cash capital increase, according to a release from Foodiverse.

Taylor Farms, which has production facilities across the U.S., Canada and Mexico, and Foodiverse expect to gain synergies through the exchange of best practices in sustainability, quality, innovation and food safety, according to the release. The companies expect to drive growth through shared development and innovation efforts.

The current management team of Foodiverse will remain in place, and the partnership is expected to close in the coming weeks, subject to authorization by the National Commission of Markets and Competition.

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.

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