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NMBL Strategies Opens Up Bidding Process For Gladstone Food Products

Gladstone Food Products Company Inc, best known for their taco shell brand La Tiara was put into receivership on March 18th, 2025. The company, inclusive of property, equipment, brands and trademarks is in the process of being sold through a closed auction process. Important information on the sale process is listed below:

  1. The marketing package can be downloaded here

  2. Reach out to info@nmblstrategies.com to sign an NDA and receive more information, as well as to schedule a tour of the building

  3. Minimum opening bid: $6 million

  4. Stalking Horse Deadline: 5:00 PM CST on April 11, 2025

  5. Bid Submission Deadline (Sealed Bids Due): 5:00 PM CST on May 15, 2025

  6. Live final auction for top 3 bidders: 1:00 PM CST on May 19, 2025

  7. Deposit Requirement: A $150,000 deposit is required for participation (due upon court approval)

  8. Proof of Funds: All bidders must submit proof of financial capability with their bids

  9. Court Approval: Sale and Sale Procedures are subject to final court approval

This is a Receiver’s Sale, and the membership interests or assets will be sold “as-is, where-is” with no representations or warranties.