Midas Foods International Buys JM Exotic Foods to Bolster Retail Presence

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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