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Falfurrias Capital Partners-backed Sauer Brands completed the acquisition of Mateo's Gourmet Salsa.

Synopsis

Falfurrias Capital Partners-backed Sauer Brands, makers of iconic flavor-enhancing condiments, seasonings and spices, completed the acquisition of Mateo's Gourmet Salsa, a salsa brand. Financial terms were not disclosed. "We are incredibly excited to add Mateo's Gourmet Salsa to our growing family of highly differentiated, and inspired flavors. There are many synergies across our product lines and we see significant growth potential in the salsa category, so it's a great fit for our organization," Martin Kelly, Sauer Brands President and CEO.

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