Louisiana Food Company to Acquire Second South Louisiana Specialty Food Manufacturer
15 Settembre 2011 - 3:10PM
Marketwired
Louisiana Food Company (OTCBB: LUSI), a purveyor of "Certified"
Louisiana specialty food products, today announced that it has
signed a letter of intent to acquire Mossy Bayou Foods, a South
Louisiana-based specialty food manufacturer with regional
distribution. LUSI targeted this company for acquisition, based on
its intriguing South Louisiana-inspired family of products,
including its signature product, Louisiana Swamp Scum Hot Sauce, as
well as the potential for significant near-term growth. It is
expected that a definitive agreement will be signed following the
completion of due diligence efforts.
"Our company intends to develop and acquire product lines that
are distinctive and relevant to the South Louisiana food scene, and
we see huge potential for the Mossy Bayou products," said David
Loflin, LUSI's President. "We believe that the Mossy Bayou products
will fit well in our national distribution program," Mr. Loflin
added.
Capturing South Louisiana
From the outset, LUSI's management has believed that the rich
and diverse cultural heritage of South Louisiana would provide a
natural source of inspiration for its product labels. As works of
art, LUSI's product labels capture the movement and energy that is
South Louisiana -- they are "eye-grabbers", and retailer and
consumer response to the labels has been extremely positive.
About Louisiana Food Company
LFC is devoted to locating, developing and commercializing
food-related business opportunities in the State of Louisiana.
Currently, LFC has established three lines of "Certified" Louisiana
specialty food products: PACKAGED DRY PRODUCTS (marketed under
LFC's "Louisiana Food Company" brand name), (2) SAUCE PRODUCTS (to
be marketed under LFC's "The Quarter's" brand name) and (3) COFFEE
PRODUCTS (marketed under LFC's "Voodoo Roast" brand name). LFC's
specialty food products are sold through distributors, directly to
retail grocery stores, directly to other retailers and directly to
consumers through its online store:
www.louisianafoodcompany.com.
Contact: Eddie Cruz Acer Communications, Inc. 949-390-0111
Grafico Azioni MMA Global (PK) (USOTC:LUSI)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni MMA Global (PK) (USOTC:LUSI)
Storico
Da Giu 2023 a Giu 2024
Notizie in Tempo Reale relative a MMA Global Inc (PK) (OTCMarkets): 0 articoli recenti
Più Louisiana Food Co. Articoli Notizie