Tyson Foods has agreed to sell its Circle Foods division to Japanese brand Ajinomoto Group for an undisclosed sum.
Circle Foods distributes a range of speciality foods such as flatbreads, tortillas and Mexican food products under brands including TortillaLand, Nuevo Grille and Rotiland.
Ajinomoto Group operates several specialist arms around the world, and Circle Foods will join its Ajinimoto Windsor frozen food division.
In a statement, Tyson said: “Tyson Foods has entered an agreement with Ajinomoto Windsor to sell our Circle Foods operations.
“We anticipate this transaction to be completed this spring, and are working with Ajinomoto Windsor on a transition plan for operations.
“As part of this transaction, we will retain some elements and assets of our San Diego operations.
“Our primary focus will be to continue delivering results for our customers by producing high-quality products.”
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