DELPHOS, OHIO — Lakeview Farms, a marketer and manufacturer of refrigerated desserts, dips, seafood salads and spreads, has acquired Tribe Mediterranean Foods, Taunton, Mass. Financial terms of the transaction were not disclosed.
Founded in 1993, Tribe Mediterranean is a producer of prepared hummus products in various sweet and savory flavors with no preservatives, hydrogenated oils or high-fructose corn syrup. The acquisition strengthens Lakeview Farms’ presence in the supermarket perimeter with entry into the $800 million hummus category, according to the company. Lakeview’s family of brands includes Luisa’s, Salads of the Sea, Sea Gold, Senor Rico and others.
“We are excited to welcome Tribe and its employees to our Lakeview Farms organization,” said Tom Davis, chief executive officer of Lakeview Farms. “Tribe brings an impressive product portfolio, deep talent and industry expertise, a state-of-the-art manufacturing facility and a strong plan for growth. We look forward to continuing to build our business through innovation, world-class manufacturing, and distribution.”
Tribe employs approximately 85 full-time, part-time and seasonal employees.
“Lakeview is committed to supporting the next phase of Tribe’s growth strategy, presenting an array of synergies and capabilities to enhance our ability to compete in this fast-moving, exciting category,” said John McGuckin, c.e.o. of Tribe Mediterranean Foods. “This is a great opportunity for us, and we look forward to building the Tribe brand with innovative new products and driving category growth.”