La Tortilla Factory, Inc. announced that Flagship Food Group, LLC has agreed to make an investment into the company to support its future growth strategy. Flagship will become the majority stake holder in the company while the third generation Tamayo family members continue to remain valued partners.

Cacique®, LLC – an independently owned Hispanic foods company and maker of authentic Mexican-style cheeses, cremas, and chorizos in the US – announced an addition to the company's ownership group as part of a round of funding that will be used to accelerate the brand's continued rapid growth nationwide. Boston-based investment manager The Baupost Group, LLC ("Baupost") will take a minority stake in Cacique.

Axelrod most recently served as CEO of Passport Global Foods and Fine Choice Foods, a leading manufacturer of globally inspired cuisine, and as president of TreeHouse Foods’ $1.5 billion condiments division.

Rumba’s marketing team explored numerous options, carefully selecting colors, images and words relevant to Hispanic consumers.

Clean up on aisle internacional…that is, clean up all the money as sales of Hispanic foods and beverages continue to soar. The size of the Hispanic food and beverages market approached $18 billion in 2015.

Hispanics comprise approximately 17% of the US population, making them the nation’s largest minority group.

New Generation Consumer Group, a consumer products marketing and media company, announced the launch of its Mucho Macho Michelada Line of Alcoholic Beverage and Snack Products.

Hispanic foods constitute the biggest ethnic cuisine within the United States.