Sargento in Hilbert, seen October 23, 2017. PC: Fox 11 Online
PLYMOUTH, WI (WTAQ-WLUK) — A major cheese producer headquartered in Northeast Wisconsin says it acquired a California-based company.
Sargento Foods signed a definitive agreement Thursday to acquire La Terra Fina – a producer of dips, spreads and quiches.
“Our purpose at Sargento is to find new ways to add value to people’s lives. Every day we do our best to make their lives better with food that brings them together,” said chairman and CEO Louie Gentine. “For more than 70 years, our commitment to innovation has driven our success that we share with our employees, customers, suppliers and community. We will continue this legacy, by growing the La Terra Fina brand and welcoming new members of the Sargento Family.”
Founded in 1983, La Terra Fina is based in Union City, California with approximately 250 employees. The brand and business have been a private affiliate of the Catamount Management Corporation since 2015.
The sale is targeted to be finalized in late September.
As privately held entities, Sargento and La Terra Fina will not disclose any financial details of the sale.
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