MARIO OLIVES / A. CAMACHO INC. ANNOUNCES USA MERGER

October 13, 2007 (PRLEAP.COM) Lifestyle News
OMAHA, NE/PLANT CITY, FL – Westin Foods and Angel Camacho Group announced a merger today between Mario Olive Company, a division of Westin Foods, and A. Camacho, Inc., a subsidiary of Angel Camacho Group, greatly expanding each company’s product lines and distribution capabilities. Effective January 1, 2008, the companies will begin operations under the name Mario Camacho Foods. Scott Carlson, CEO of Westin Foods and Angel Camacho Perea made this major announcement today, stating that Brett A. Milligan, current CEO of A. Camacho, Inc., Plant City, Florida, will assume the role of President and CEO of the new combined independent entity, Mario Camacho Foods. Angel Camacho Group of Seville, Spain and Westin Foods, based in Omaha, Nebraska, will share equal seats on the board with Milligan, while Carlson has been appointed Chairman.

“Angel Camacho Group is a fourth generation, family-owned and operated business with global leadership in the olive category from fruit procurement to processing, and importing to distribution, with more than 100 years of experience serving the retail and food service industry,” said Milligan. “By joining forces with the Mario Olive Company, we can now offer our customers even greater product innovation, variety, global logistic synergies, global trading power, as well as unmatched industry and category expertise.”

Mario Olives, also a family-owned and operated food business for over 100 years, has grown to be one of the fastest growing olive brands in the United States.

Over time, Mario Olive Company has become synonymous with quality, innovation and service. “Our mission at Mario Camacho Foods is to continue to provide our customers with the consistent, high quality products and services we have delivered since Mario was founded,” said Carlson. “This merger with A. Camacho Inc., coupled with our product line, gives Mario Camacho Foods all the necessary tools to deliver category leadership to our customers.” “This unique partnership will enable us to produce and deliver an expanded group of the finest products in the world at an exceptional value.”

The combination of these two industry leaders means that they will continue their role as a major supplier and service provider to the olive and condiment category within North America.

“This 50/50 joint venture creates a truly independent company and is beneficial to all. It’s a genuine business partnership that provides greater services and value to each of our customers and stakeholders,” states Milligan enthusiastically. “Great things will come from this,” he said. Echoing Milligan’s optimism, Carlson stated “Our new relationship is a great fit and will be beneficial for everyone involved.”

For more information, please visit www.mariocamachofoods.com