Louisiana Food Company to Acquire Specialty Food Manufacturer/Distributor
Company's Acquisition Strategy to Augment Expected Revenue Growth
Press Release Source: Louisiana Food Company On Monday August 22, 2011, 4:15 pm EDT
BATON ROUGE, La., Aug. 22, 2011 /PRNewswire/ -- Louisiana Food Company (OTCBB:LUSI.ob - News), a purveyor of "Certified" Louisiana specialty food products, today announced that it has signed a letter of intent to acquire a small, independent South Louisiana-based specialty food manufacturer with distribution in approximately 100 grocery stores. LUSI targeted this company for acquisition, based on its strong South Louisiana-inspired family of products that includes pepper jellies, salsas and dips. It is expected that a definitive agreement will be signed following completion of each party's due diligence.
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.
Phone# (949) 390-0111
