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Cacique Foods Ceases Operations at Massive California Location; Harry Davis & Company to Liquidate Assets

2023-09-20 15:13
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Sep 20, 2023--
Cacique Foods Ceases Operations at Massive California Location; Harry Davis & Company to Liquidate Assets

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Sep 20, 2023--

Cacique Foods, the maker of the #1 brand of authentic Hispanic-style cheeses, cremas, chorizos and salsas in the U.S., announced today that it has ceased operations at its dairy factory in City of Industry, CA, and is relocating its dairy production to its new state-of-the-art facility in Amarillo, TX. Additionally, Cacique has announced it has hired Harry Davis & Company, the leading dairy industry market maker, to conduct an auction of the southern California equipment assets.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230919974245/en/

1,500+ Lots Featuring: (27) Refrigerated Silos up to 60,000 Gallons; (12) Walker 2,000 Gallon Dome Cone Processors; (4) Pasteurization Systems w/ Separators & Homogenizers AS NEW AS 2020 (Photo: Business Wire)

“The availability of Cacique’s late model equipment is an outstanding opportunity for industry manufacturers to acquire production assets at a fraction of the cost and without the prohibitive lead time that manufacturers have grown accustomed to,” said Lenny Davis, CEO of Harry Davis & Company. “A plant of this size with the capabilities to produce such a wide range of products, especially in this geographical area – there is a lot of equipment that has been hard to source in a timely fashion with increasing global lead times and logistics constraints. This is a complete site closure, so everything from the specialized dairy equipment down to generic food factory items including utilities are being offered.” Harry Davis & Company is a leader in the food and beverage equipment market and will offer the assets of this massive facility at auction in early December 2023.

On offer will include more than 2,000 auction lots including product silos, pasteurization, homogenizers, milk and whey separators, process tanks, cheese and dairy packaging and an enormous selection of parts, utilities and general food facility equipment. Full details and updates are available at www.HarryDavis.com.

About Cacique Foods LLC
Family-owned and founded in 1973 on the principles of Family, Quality, Integrity and Authenticity, Cacique Foods LLC is now one of the country's top Hispanic food brands - the #1 producer of Hispanic cheeses, creams, yogurts, chorizos and salsas in the United States. Cacique Foods LLC is celebrating 50 years of producing authentic, fresh and high-quality Hispanic products. For more information about Cacique Foods LLC's line of products, please visit www.CaciqueFoods.com or call (800) 521-6987.

About Harry Davis & Company
Since 1955, Harry Davis & Company has conducted more dairy asset sales globally than any firm in the food and beverage industry. A third-generation family business, Harry Davis & Company provides industry-leading asset valuations, business strategy, and facility sales in dozens of industries including dairy, food and beverage, industrial manufacturing, and consumer personal care products. Harry Davis & Company are The Food & Beverage Market Makers, bringing buyers and sellers together to achieve maximum results. Visit www.HarryDavis.com for more information.

View source version on businesswire.com:https://www.businesswire.com/news/home/20230919974245/en/

CONTACT: Media Contact:

Bryan Bowman

VP, Marketing

bbowman@harrydavis.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA TEXAS

INDUSTRY KEYWORD: PACKAGING RETAIL ENGINEERING MANUFACTURING FINANCE CONSULTING SUPPLY CHAIN MANAGEMENT BANKING COMMERCIAL BUILDING & REAL ESTATE PROFESSIONAL SERVICES CONSTRUCTION & PROPERTY SPECIALTY OTHER MANUFACTURING FOOD/BEVERAGE

SOURCE: Harry Davis & Company

Copyright Business Wire 2023.

PUB: 09/20/2023 11:13 AM/DISC: 09/20/2023 11:13 AM

http://www.businesswire.com/news/home/20230919974245/en