USA: Food industry warms to hot Latino brands
US food investors have acquired a taste for Mexican food as small and medium-sized Californian latino-food producers are being increasingly targeted for purchase by mainstream American food firms. According to a specialist report in the Los Angeles Times, burrito-maker Don Miguel Foods, salsa-maker Chilay Foods and taquitos and quesadillas-maker Excelline Foods were all bought or heavily financed recently by bigger firms.
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