Corporación Multi Inversiones to acquire a majority stake in Del Real Foods from Palladium Equity Partners.

Corporación Multi Inversiones, a family-owned multilatina corporation, agreed to acquire a majority stake in Del Real Foods, a Hispanic refrigerated foods company, from Palladium Equity Partners, a private equity firm. Financial terms were not disclosed. "During our time together with Palladium, Del Real has experienced substantial growth and transformation, solidifying our market position. We're thrilled to enter this new chapter with CMI, which brings exceptional opportunities for Del Real Foods. By leveraging CMI's strengths, we're confident we can deliver even greater value to our consumers and further empower our employees," Michael Axelrod, Del Real Foods CEO.