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, including the potential for significant near-term growth, the company said. It is expected that a definitive agreement will be signed following the completion of due diligence efforts.
David Loflin, LUSI’s president, said: “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. We believe that the Mossy Bayou products will fit well in our national distribution programme.”
Source: Louisiana Food Company
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