Flagship Food Group
From Wikipedia, the free encyclopedia
Insignia International, formerly Flagship Food Group, is a global, diversified food company serving some retail, grocery, food service, and food-related organizations. Flagship was rebranded in March 2024.[1]
| Formerly | Flagship Food Group |
|---|---|
| Company type | Private |
| Industry | Food processing |
| Founded | January 2005 in Los Angeles, California as Flagship Food Group |
| Founder | Robert W. Holland |
| Headquarters | Denver, CO, U.S. |
Key people | Adam Butler (CEO) |
| Products | Packaged foods |
| Website | insignia |
History
Flagship Food Group was founded in January 2005[citation needed] and is the result of a number of businesses and brands brought together to form a diversified food platform company.[2] Starting in 2013 the company had been increasing acquisitions.[3]
Creo Capital Partners acquired New Mexico-based 505 Southwestern, a manufacturer of Hatch Valley green chile products,[4] in 2007;[5] Idaho-based Treasure Valley Specialty Foods, a manufacturer and distributor of branded and private-labeled food products,[6] in 2008;[7][8] and California-based Excelline Foods, a manufacturer of private-labeled refrigerated and frozen Mexican food products,[9] in 2010.[10][11]
Creo Capital Partners created Flagship Food Group as a subsidiary in 2012 to bring together a portfolio of food products companies that the company had been acquiring since 2005.[3]
Flagship increased the production manufacturing operations for its 505 Southwestern brand by acquiring a new 80,000 square foot (7,400 m2) facility outside of Albuquerque in 2014.[12][13][14] Flagship Food Group relocated its headquarters from Los Angeles to Denver in 2015 to be closer to most of its manufacturing operations.[15]
Flagship expanded its presence in Europe through the acquisition of UK-based Atlantic Foods Group in May 2013.[16][17] In August 2015, Flagship acquired Oliver James Foods and Proper Pies.[18] In October 2016, Flagship Europe acquired food manufacturer Calder Foods.[19] Flagship sold its European foodservice division to the OSI Group in January 2017 to focus on their American operations.[20]
In January 2021, Flagship acquired controlling interest in the California-based tortilla manufacturer La Tortilla Factory[21] and controlling interest in the Kansas-based tortilla manufacturer Tortilla King a few months later.[22] The La Tortilla Factory manufacturing facility in Santa Rosa was later closed and relocated next to the Tortilla King manufacturing facility in Kansas in March 2024.[23]
In February 2023, Flagship Food Group announced it had acquired the Santa Maria-based Curation Foods subsidiary, guacamole and dip producer Yucatan Foods, for an undisclosed sum.[24]
Adam Butler replaced Rob Holland as chief executive officer in November 2023.[25]