Midas Foods International Buys JM Exotic Foods to Bolster Retail Presence
January 8, 2025 | 1 min to read
Midas Foods International, a US company focused on food ingredients, has acquired JM Exotic Foods to enhance its retail presence. While the financial details remain undisclosed, the acquisition includes a seven-acre processing facility in Moody, Alabama. According to a statement from Midas Foods, JM Exotic Foods contributes valuable expertise in foodservice and retail spice packaging, positioning the company for growth in the market.
Midas Foods International, a US business largely centred on food ingredients, has acquired JM Exotic Foods to boost its presence in the retail channel.
The financial details of the deal, which encompasses a seven-acre processing facility in Moody, Alabama, have not been revealed.
In a statement, Michigan-based Midas Foods said JM Exotic Foods brings “expertise in foodservice and retail spice packaging”.
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