PepsiCo says the acquisition will complement its portfolio with the addition of an authentic, Mexican-American brand, while also growing its better-for-you food offerings.
The fully continuous, automated and chilled dough substrate processing system reduces manufacturing costs and can produce range of plant-based meat products at volumes of 2,500-5,000 lb./hr. on a single processing line.
Gogia has demonstrated leadership in areas such as corporate and brand financial planning and analysis, sales finance, supply chain finance, mergers and acquisitions, and innovation finance.
The indefinite closing of the company's Jarratt, Va., facility coincides with the company's decision to discontinue liverwurst after multiple related illnesses were linked to the product produced there.