Foster Farms Buys Fernando

The Fernando's brand is one of the original frozen foodservice Mexican brands and dates back to 1982. It includes ready to heat and serve handheld entrees and appetizers, including burritos, taquitos, mini tacos and enchiladas.

El Extremo is also a frozen foodservice Mexican brand with products geared to the school-lunch market.

"This acquisition is a strategic fit for Foster Farms," said Ron Foster, Foster Farms' president and ceo, "and will give us capabilities to expand our current businesses in the foodservice, retail and c-store channels."

A manufacturing facility in Compton, California, was included in the sale. The plant is used exclusively to produce handheld Mexican products under the Fernando's and El Extremo labels and will remain operational.

ConAgra Foods and Foster Farms have agreed to a transition service agreement to manage the order- entry, warehousing and delivery of Fernando's and El Extremo products and to provide sales support during the transition period. "Our shared goal is for this transition to be as seamless as possible for customers and they will continue to receive uninterrupted service," said Foster.


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