Baton Rouge, LA: Louisiana Food Co. 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.