Sigma to acquire a majority stake in Los Altos Foods.

Sigma, a company dedicated to the production, marketing, and distribution of quality branded foods, agreed to acquire a majority stake in Los Altos Foods, a Hispanic Cheese and Cream producer. Financial terms were not disclosed. "This transaction is aligned with Sigma's strategy and will allow us to continue growing the Core business by strengthening our position in a rapidly growing market that is gaining space in mainstream consumption. We are excited about the prospect of welcoming Los Altos, a great Hispanic cheese brand, to our portfolio. I'm confident that the sum of Los Altos and Sigma will allow us to better satisfy the needs of our customers and consumers. This transaction also enhances our existing network with production capacity on the West Coast," Rodrigo Fernandez, Sigma CEO.