GraceKennedy, a Caribbean-based corporate entity, and its wholly owned subsidiary, GraceKennedy Foods (USA) LLC, acquired La Fe Foods, Inc., a Moonachie, N.J., frozen Mexican food processor.
Established in 1968, La Fe Foods currently has revenues of approximately $80 million, and has operations in Moonachie, Miami, and Raleigh, N.C., with brand and distribution presence in the New York/Tri-state area, Florida, Georgia and the East Coast.