Hispanic-foods Firm Tropical Cheese Enters Meat With Cibao Purchase

Sliced salami connected woody cutting board. Credit: kai keisuke/Shutterstock.com.

Investor-backed Tropical Cheese has added animal macromolecule to its dairy portfolio pinch nan acquisition of chap Hispanic shaper Cibao Meat Products.

The woody brings nan Induveca and Campesino brands nether Tropical Cheese’s umbrella.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to scope engaged professionals crossed 36 starring media platforms.

Find retired much

Financial position of nan transaction were not disclosed.

Cibao will run arsenic nan Cibao Meat Products Division wrong Tropical Cheese.

In a connection yesterday (13 January), nan dairy group said nan acquisition allows it to connection a “more complete” portfolio of branded Hispanic refrigerated nutrient products.

Victor Mehren, who took complete arsenic CEO of Tropical Cheese successful September, said nan transaction “accelerates” nan company’s maturation trajectory.

“With Cibao, we will importantly fortify our Meats Division, grow our Hispanic foods platform, and broaden our scope crossed nan nutrient manufacture and Hispanic community,” he added. “This operation provides our customers pinch much high-quality offerings, stronger support, and further resources down work and execution.”

Both Tropical Cheese and Cibao are family-run businesses.

Heinz Vieluf Jr., nan president of Cibao, said: “Joining Tropical Cheese gives Cibao entree to greater resources and capabilities, enabling america to further put successful nan business and present for our customers.”

Founded successful 1982, Tropical Cheese began arsenic a mini beverage transportation work successful Perth Amboy, New Jersey, earlier expanding into nan accumulation of Latin American and Caribbean-style cheese, meat, seafood and tortillas.

In 2024, nan institution secured “significant” investment from Avance Investment Management and AUA Private Equity Partners, pinch nan founding Mendez family retaining a number stake.

Tropical Cheese is now “focused connected expanding its reach, increasing its portfolio, and becoming a starring marque crossed nan afloat spectrum of Hispanic refrigerated nutrient products connected nan East Coast”, according to nan statement.

Beyond nan US market, Tropical Cheese besides supplies customers successful nan Caribbean, Central and South America, and Europe, according to its website.