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Tyson buys Utah food company Don Julio
Tyson Foods, Inc., under its subsidiary Tyson Mexican Original, has bought local Don Julio Foods, located in Clearfield, Utah.
Don Julio, which makes flour and corn tortillas as well as salty snacks such as potato chips, tortilla chips and pretzels, sells its products across the country under the brand names of Don Julio Authentic and Clover Club brands.
Tyson Mexican Original is the second-largest manufacturer of tortillas in the United States, according to a company statement. Before acquiring Don Julio, most of its products went to food service companies, but now products will be on grocery store shelves nationwide.
"Don Julio is an example of a brand that's the right fit for Tyson Foods," said Donnie Smith, president and CEO of Tyson Foods, Inc. in a statement. "The people are great, the business expands on an existing tortilla business where we already have expertise and it will allow us to offer our retail customers another product with a loyal consumer following."
Don Julio's management team, which includes Nate Fisher, son of company founder, Craig Fisher, will continue to manage the operation, the statement adds. Don Julio employs about 50 people, and the majority are expected to keep their jobs under Tyson ownership.
The acquisition includes all brands marketed by Don Julio, equipment and related assets. Financial terms of the deal are not being disclosed.