BLOOMINGTON, MINN. — Sabrosura Foods LLC has acquired Pancho Mexican Foods, Inc., Memphis, Tenn., a maker of queso dips. Terms of the transaction were not disclosed.
“A key pillar of Sabrosura Foods' growth strategy has always been focused on acquiring complementary product capabilities," said Jeff Caswell, chief executive officer of Sabrosura Foods. "We are proud to be able to continue Pancho's legacy and are eager to introduce Pancho's queso dip to even more consumers across the fast-growing snacking category."
Other brands owned by Sabrosura Foods include El Viajero, La Morenita, Reynaldo’s and Bio Salud. Product applications include burritos, cheeses, meats, beverages and desserts.