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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.

History

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. Starting in 2013 the company had been increasing acquisitions.

Creo Capital Partners acquired New Mexico-based 505 Southwestern, a manufacturer of Hatch Valley green chile products, in 2007; Idaho-based Treasure Valley Specialty Foods, a manufacturer and distributor of branded and private-labeled food products, in 2008; and California-based Excelline Foods, a manufacturer of private-labeled refrigerated and frozen Mexican food products, in 2010.

Creo Capital Partners created Flagship Food Group as a subsidiary in 2012 to bring together a portfolio of food products companies that the company had been acquiring since 2005.

Flagship increased the production manufacturing operations for its 505 Southwestern brand by acquiring a new 80,000 square foot (7,400 m) facility outside of Albuquerque in 2014. Flagship Food Group relocated its headquarters from Los Angeles to Denver in 2015 to be closer to most of its manufacturing operations.

Flagship expanded its presence in Europe through the acquisition of UK-based Atlantic Foods Group in May 2013. In August 2015, Flagship acquired Oliver James Foods and Proper Pies. In October 2016, Flagship Europe acquired food manufacturer Calder Foods. Flagship sold its European foodservice division to the OSI Group in January 2017 to focus on their American operations.

In January 2021, Flagship acquired controlling interest in the California-based tortilla manufacturer La Tortilla Factory and controlling interest in the Kansas-based tortilla maufacturer Tortilla King a few months later. 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.

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.

Adam Butler replaced Rob Holland as chief executive officer in November 2023.

References

1. Schroeder, Eric (March 12, 2024). "Flagship Food rebrands to Insignia International". Baking Business.
2. Sullivan, Ed (August 15, 2013). "After Acquisition: "Chemistry" Benefits Small Food Companies". Food Safety Magazine. Archived from the original on 2014-06-17.
3. ^ 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.
4. "Our Way of Life". 505 Southwestern Chile Products. Archived from the original on 2006-02-02.
5. "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.
6. "Our History". Archived from the original on 2007-02-28.
7. "Treasure Valley Business Group acquired by Creo Capital Partners". Generational Group. January 2008.
8. "Creo Capital buys Eagle food distributor". Idaho Business Review. January 18, 2008.
9. "Products". Excelline Food Products. Archived from the original on 2012-08-25.
10. "Arlon Group and Creo Capital Partners Acquire Excelline Food Products". Mergr. April 1, 2010.
11. "Exits Excelline Food Products". Mergr. September 1, 2014.
12. 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.
13. 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.
14. 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.
15. "Colorado Connection: Flagship Food Group". Business Aviation Insider. National Business Aviation Association. April 1, 2017.
16. Riddell, Roger (May 10, 2013). "Flagship Food to acquire Atlantic Foods, expand international presence". Grocery Dive.
17. "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.
18. "Flagship Europe acquires Oliver James Foods and Proper Pies". Public Sector Catering. August 10, 2015.
19. "Flagship Europe acquires Calder Foods". JustFood. October 20, 2016.
20. Best, Dean (January 3, 2017). "OSI Group buys UK foodservice supplier Flagship Europe". JustFood.
21. Schroeder, Eric (January 29, 2021). "Flagship Food invests in La Tortilla Factory". Food Business News.
22. Schroeder, Eric (August 10, 2021). "Flagship Food continues expansion in tortilla category". Food Business News.
23. "La Tortilla Factory to leave Santa Rosa". NorthBay biz. February 7, 2024.
24. Harvey, Simon (2023-02-08). "Flagship Food Group acquires guacamole maker Yucatan Foods". Just Food. Retrieved 2023-02-09.
25. Allen, Anne (November 15, 2023). "Flagship Food Group Names Adam Butler as Chief Executive Officer; Rob Holland Shares". Deli Market News.

External links

Official website

• American companies established in 2005
• Food and drink companies of the United States
• Food and drink companies established in 2005