Cacique has expanded its portfolio of authentic Mexican essentials after the acquisition of El Sol Foods. The acquisition signals the Cacique brand's entrance into the salsa category. It allows Cacique to further produce high-quality foods rich in heritage and tradition to more people across the U.S.
"For more than 45 years, family, quality, integrity, and authenticity have been the pillars of the Cacique brand,” said Gil de Cárdenas, CEO of Cacique. “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."
According to the company’s press release, distribution of the new Cacique salsa products will begin regionally in the western U.S., with the nationwide rollout beginning this May. Cacique Homestyle Salsas are handcrafted with fresh produce using a small-batch, cold process that guarantees homemade Mexican flavors, continuing the tradition that El Sol began more than 30 years ago.
Cacique Salsas will be available in nine varieties, including Homestyle, Mild, Medium, and Hot, as well as in multiple specialty and organic homestyle selections.
Chicago-based McNally Capital served as financial advisor and De Cardenas Law Group served as legal advisor to Cacique. Delmorgan & Co. served as financial advisor to El Sol Foods for this transaction.
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