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Thursday, September 15, 2011 9:11:44 AM
Louisiana Food Company to Acquire Second South Louisiana Specialty Food Manufacturer Marketwire "Press Releases"
BATON ROUGE, LA -- (MARKET WIRE) -- 09/15/11 -- 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.
WM
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