M&A Deal Summary

Tattooed Chef Acquires Foods of New Mexico

On May 3, 2021, Tattooed Chef acquired distribution company Foods of New Mexico for 35M USD

Acquisition Highlights
  • This is Tattooed Chef’s 1st transaction in the Distribution sector.
  • This is Tattooed Chef’s largest (disclosed) transaction.
  • This is Tattooed Chef’s 1st transaction in the United States.
  • This is Tattooed Chef’s 1st transaction in New Mexico.

M&A Deal Summary

Date 2021-05-03
Target Foods of New Mexico
Sector Distribution
Buyer(s) Tattooed Chef
Deal Type Add-on Acquisition
Deal Value 35M USD

Target

Foods of New Mexico

Albuquerque, New Mexico, United States
Foods of New Mexico produces ready-to-eat Mexican food items for both retail and foodservice. Foods of New Mexico’s facility in Albuquerque currently produces Mexican foods including quesadillas, burritos, and other handheld items, as well as sauces. Foods of New Mexico was founded in 1987 and is based in Albuquerque, New Mexico.

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Buyer(S) 1

Buyer

Tattooed Chef

Paramount, California, United States

Category Company
Founded 2018
Sector Food
Employees500
Revenue 213M USD (2021)
DESCRIPTION

Tattooed Chef is a plant-based food company offering a broad portfolio of innovative and sustainably sourced plant-based foods. Tattooed Chef’s signature products include ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, and cauliflower pizza crusts, which are available in the frozen food sections of leading national retail food stores across the United States as well as on Tattooed Chef’s e-commerce site. Tattooed Chef was founded in 2018 and is based in Paramount, California.


DEAL STATS #
Overall 1 of 2
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (New Mexico) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 2
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-26 Belmont Confections

Youngstown, Ohio, United States

Belmont Confections is a provider in the development and manufacturing of snack and nutritional bars. Belmont Confections was founded in 2007 and is based in Youngstown, Ohio.

Buy $18M