Flagship Food Group
| Industry | Food processing |
|---|---|
| Founded | January 2005 as Flagship Food Group |
| Founder | Robert W. Holland |
| Headquarters | Denver, CO, U.S. |
Key people | Adam Butler (CEO) |
| Products | Packaged foods |
| Website | insignia |
Insignia International, formerly Flagship Food Group, is a global, diversified food company serving some retail, grocery, food service, and food-related organizations. Flagship was rebranded in March 2024.[1]
History
[edit]Flagship Food Group was founded in January 2005 and is the result of a number of businesses and brands brought together to form a diversified food platform company.[2] Starting in 2013 the company has been increasing acquisitions,[3] including Atlantic Foods Group,[4] Treasure Valley Specialty Foods[5] (the makers of the 505 Southwestern line of salsa and chile sauce products), and most recently Excelline Foods, makers of frozen and refrigerated Hispanic food products. In cooperation with local and state governments, the production manufacturing operations of 505 Southwestern are being moved into a new 80,000 square foot facility outside of Albuquerque, NM.[6][7][8]
Flagship expanded its presents in Europe through the acquisition of UK-based Atlantic Foods Group in May 2013.[9] In August 2015, Flagship acquired Oliver James Foods and Proper Pies.[10] In October 2016, Flagship Europe acquired food manufacturer Calder Foods.[11] Flagship sold its European foodservice division to the OSI Group in January 2017 to focus on their American operations.[12]
In January 2021, Flagship acquired controlling interest in the California-based tortilla manufacturer La Tortilla Factory[13] and controlling interest in the Kansas-based tortilla maufacturer Tortilla King a few months later.[14] The La Tortilla Factory manufacturing facility in Santa Rosa was later closed and relocated next to the Tortilla King manufacturing facility in Kansas in March 2024.[15]
In February 2023, Flagship Food Group announced it had acquired the Santa Maria-based Curation Foods subsidiary, guacamole and dip producer Yucatan Foods, for an undisclosed sum.[16]
Adam Butler replaced Rob Holland as chief executive officer in November 2023.[17]
References
[edit]- ^ Schroeder, Eric (March 12, 2024). "Flagship Food rebrands to Insignia International". Baking Business.
- ^ Sullivan, Ed (August 15, 2013). "After Acquisition: "Chemistry" Benefits Small Food Companies". Food Safety Magazine.
- ^ "Creo Capital Finds Its Mojo With Food Focus". Middle Market Growth. September 2014. p. 28. Archived from the original on 2014-10-15.
- ^ "Flagship Food Group Closes Deal With Atlantic Foods Group". Flagship Food Group (Press release). May 24, 2013. Archived from the original on 2015-03-27 – via PRNewswire.
- ^ "Creo Capital Partners to Acquire Assets of Zero Debt Bottling Corp dba 505 Southwestern". Creo Capital Partners (Press release). August 21, 2007. Archived from the original on 2016-03-04 – via PRNewswire.
- ^ Mayfield, Dan (October 7, 2014). "Flagship Food Group picks NM for US manufacturing and distribution HQ". Albuquerque Business First. Archived from the original on 2014-10-09.
- ^ Dyer, Jessica (October 7, 2014). "Flagship Food to expand in ABQ; up to 300 jobs possible". Albuquerque Journal. Archived from the original on 2014-10-08.
- ^ Dyson, Stuart (October 7, 2014). "New jobs coming to Albuquerque with Flagship Foods plant". KOB Eyewitness News 4. Archived from the original on 2014-10-09.
- ^ Riddell, Roger (May 10, 2013). "Flagship Food to acquire Atlantic Foods, expand international presence". Grocery Dive.
- ^ "Flagship Europe acquires Oliver James Foods and Proper Pies". Public Sector Catering. August 10, 2015.
- ^ "Flagship Europe acquires Calder Foods". JustFood. October 20, 2016.
- ^ Best, Dean (January 3, 2017). "OSI Group buys UK foodservice supplier Flagship Europe". JustFood.
- ^ Schroeder, Eric (January 29, 2021). "Flagship Food invests in La Tortilla Factory". Food Business News.
- ^ Schroeder, Eric (August 10, 2021). "Flagship Food continues expansion in tortilla category". Food Business News.
- ^ "La Tortilla Factory to leave Santa Rosa". NorthBay biz. February 7, 2024.
- ^ Harvey, Simon (2023-02-08). "Flagship Food Group acquires guacamole maker Yucatan Foods". Just Food. Retrieved 2023-02-09.
- ^ Allen, Anne (November 15, 2023). "Flagship Food Group Names Adam Butler as Chief Executive Officer; Rob Holland Shares". Deli Market News.