As part of its strategic growth plan in the United States, CMI, Corporación Multi Inversiones, has acquired a majority stake in Del Real Foods, a leading company in the refrigerated Hispanic food sector. This investment reinforces CMI’s commitment to offering high-quality products that align with consumer preferences while expanding its North American portfolio.
Del Real Foods: A Recognized Brand in the Hispanic Food Market
Headquartered in California and Oklahoma, Del Real Foods is known for its authentic Hispanic cuisine, including tamales, carnitas, salsas, and pupusas, made with fresh ingredients and traditional recipes. Founded by the Cárdenas family, the company has earned the trust of consumers looking for quality and authenticity in their food.
This agreement allows Del Real Foods to benefit from CMI’s experience and industry support, further solidifying its position in the U.S. market.
Juan José Gutiérrez Mayorga, Chairman of CMI Foods, expressed his enthusiasm for this partnership:
“This acquisition represents a significant step in our commitment to expanding in the United States and in the 100+ year legacy that defines us as a family-owned company. Our growth vision is fueled by our purpose of creating life-changing opportunities with warmth and family values, and Del Real Foods embodies these same principles in its service to consumers.”
A Partnership for Growth and Innovation
The agreement also includes a minority stake held by Palladium Equity Partners, a private equity firm that has supported Del Real Foods since 2016, as well as the Cárdenas family, the company’s founders. This collaboration will strengthen both companies’ capabilities and expand their product offerings.
José Gregorio Baquero, CEO of CMI Foods, emphasized the importance of this alliance:
“We are excited to work alongside Del Real Foods, a brand that reflects our commitment to quality and customer service. This expansion is a tremendous opportunity to strengthen our presence in the U.S. market while offering authentic products that culturally connect with consumers.”
CMI’s Long-Term Commitment to the U.S. Market
This strategic move reinforces CMI’s presence in the United States, where it has already established itself with Pollo Campero. Through this acquisition, CMI continues its long-term investment in a key market for its international expansion plan.
This acquisition aligns with CMI’s mission of providing products that bring value to consumers, while also highlighting the shared values between both companies. CMI and Del Real Foods share family warmth, strong values, an entrepreneurial spirit, and pride in their Hispanic heritage, forming a solid foundation for their growth in this new phase.
With over 50,000 employees and operations in 16 countries, CMI remains committed to sustainable development and generating economic, social, and environmental value in every region where it operates.
By securing a majority stake in Del Real Foods, CMI reaffirms its commitment to growth and leadership in the food industry, delivering high-quality products that maintain authenticity and market relevance. This partnership allows CMI to expand its footprint in the U.S. and offer consumers a product lineup that seamlessly blends tradition and innovation.