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[citation needed] 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 in 2013,[4] 505 Southwestern in 2007[5] Treasure Valley Specialty Foods in 2008,[6][7] and Excelline Foods in 2010,[8][9] 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.[10][11][12]
Flagship expanded its presents in Europe through the acquisition of UK-based Atlantic Foods Group in May 2013.[13] In August 2015, Flagship acquired Oliver James Foods and Proper Pies.[14] In October 2016, Flagship Europe acquired food manufacturer Calder Foods.[15] Flagship sold its European foodservice division to the OSI Group in January 2017 to focus on their American operations.[16]
In January 2021, Flagship acquired controlling interest in the California-based tortilla manufacturer La Tortilla Factory[17] and controlling interest in the Kansas-based tortilla maufacturer Tortilla King a few months later.[18] 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.[19]
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.[20]
Adam Butler replaced Rob Holland as chief executive officer in November 2023.[21]
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. Archived from the original on 2014-06-17.
- ^ Cohen, Deborah L. (September 2014). "Creo Capital Finds Its Mojo With Food Focus". Middle Market Growth. p. 28-35. Archived from the original on 2024-08-10. Retrieved August 10, 2024 – via Issuu.
- ^ "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.
- ^ "Treasure Valley Business Group acquired by Creo Capital Partners". Generational Group. January 2008.
- ^ "Creo Capital buys Eagle food distributor". Idaho Business Review. January 18, 2008.
- ^ "Arlon Group and Creo Capital Partners Acquire Excelline Food Products". Mergr. April 1, 2010.
- ^ "Exits Excelline Food Products". Mergr. September 1, 2014.
- ^ 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.