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Popeyes buys recipes from founder Al Copeland's family for $43 million

Posted on 6/17/14 at 12:42 pm
Posted by arseinclarse
Algiers Purnt
Member since Apr 2007
34404 posts
Posted on 6/17/14 at 12:42 pm
LINK





quote:

"With the cooperation of the Copeland family, this transaction now brings important intellectual property -- Popeyes' core recipes -- under brand ownership for the first time in our company's history," chief executive Cheryl Bachelder said. "Popeyes now owns its recipes in perpetuity for use worldwide and has clarity of supply and pricing terms through the balance of the supply agreement. We thank the Copeland family for reuniting these treasured recipes with the brand Al Copeland Sr. created."
Posted by OTIS2
NoLA
Member since Jul 2008
50065 posts
Posted on 6/17/14 at 12:50 pm to
Al making bank from the grave....crazy? Yes he was...but he wasn't stupid.
Posted by Count Chocula
Tier 5 and proud
Member since Feb 2009
63908 posts
Posted on 6/17/14 at 12:57 pm to
Elvis makes more dead than he ever made alive.
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 6/17/14 at 1:07 pm to
I've always wondered what the arrangement was before. I guess Popeyes and Copeland had a licensing agreement to use his recipes after he was forced out of the company?
Posted by arseinclarse
Algiers Purnt
Member since Apr 2007
34404 posts
Posted on 6/17/14 at 1:09 pm to
quote:

always wondered what the arrangement was before.


quote:

Popeyes was paying annual royalties of $3.1 million to Diversified Foods and Seasonings LLC, a company owned by Copeland's estate, for the recipes
Posted by BilJ
Member since Sep 2003
158718 posts
Posted on 6/17/14 at 1:09 pm to
that's a lot of coke
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120106 posts
Posted on 6/17/14 at 1:10 pm to
And a lot of douche cigarette boats
Posted by Hardy_Har
MS
Member since Nov 2012
16285 posts
Posted on 6/17/14 at 1:14 pm to
quote:

And a lot of douche cigarette boats
He's definately got some of those.
Posted by NOLAGT
Over there
Member since Dec 2012
13495 posts
Posted on 6/17/14 at 1:17 pm to
He didn't own the Popeyes anymore...but they HAD to buy all there food from his company diversified. A friend worked there years ago...if a Popeyes was behind on payments...they could cut them off...and essentially shite them down with out food to sell. Quite a deal for Al! They would also sell off good at the end of the year to employees for real cheep. We would buy the red beans no rice in 5lb bags in a 35lb case for about 10 bucks.
Posted by Napoleon
Kenna
Member since Dec 2007
69042 posts
Posted on 6/17/14 at 1:24 pm to
quote:

We would buy the red beans no rice in 5lb bags in a 35lb case for about 10 bucks.


A guy I know got fired and sued for doing that. Huge NO-NO selling the bagged Red Beans. I used to buy it too.

I liked how the bags we used at Copeland's for the Red Beans said "Popeyes" on it.
One in the same and still is. I used to buy the seasoning packs too.

I had photocopies of all the recipes at one point but they got lost.
--The Copeland's recipes not the Popeyes ones. I guess that was confusing.
This post was edited on 6/17/14 at 3:14 pm
Posted by arseinclarse
Algiers Purnt
Member since Apr 2007
34404 posts
Posted on 6/17/14 at 1:26 pm to
quote:

had photocopies of all the recipes at one point but they got lost.


Posted by HeadyBrosevelt
the Verde River
Member since Jan 2013
21590 posts
Posted on 6/17/14 at 1:32 pm to
quote:

I had photocopies of all the recipes at one point but they got lost.


Yeah, OK
Posted by NOLAGT
Over there
Member since Dec 2012
13495 posts
Posted on 6/17/14 at 1:38 pm to
Didn't know it was a no no. I thought it was stuff that was too old to sell to the stores. We bought a ton of it and other things too lol.
Posted by Winkface
Member since Jul 2010
34377 posts
Posted on 6/17/14 at 1:48 pm to
They must be hard up. Figured it would go for more.
Posted by ladytiger118
Member since Aug 2009
20922 posts
Posted on 6/17/14 at 2:09 pm to
I still think Popeyes is the best franchise/restaurant that the Copeland's owned. And I'm not surprised that Cheesecake Bistro has shut down...the food was incredibly outdated and everything was drenched in heavy sauces.
Posted by Oenophile Brah
The Edge of Sanity
Member since Jan 2013
7540 posts
Posted on 6/17/14 at 2:11 pm to
quote:

They must be hard up. Figured it would go for more.

Ehh. They also extended their contract with Diversified to continue to purchase their seasonings/supplies.

I might be concerned if I worked for Diversified once that contract ends.
Posted by Lester Earl
Member since Nov 2003
278065 posts
Posted on 6/17/14 at 2:32 pm to
quote:

quote:
I had photocopies of all the recipes at one point but they got lost.



If course you did
Posted by Napoleon
Kenna
Member since Dec 2007
69042 posts
Posted on 6/17/14 at 3:09 pm to
quote:

had photocopies of all the recipes at one point but they got lost.



I worked at CNO #9 and CCB #3. On the prep shelf they had books with all the COPELNAD"S recipes, not popeyes. Sorry for confusion. But I can make the old style drop biscuits like they used to make. You add butter in four times.

When I was being trained at Copeland's I had copies of the dishes recipes. What was in the sauce, what was the proportions. I never had the seasoning blends or chub bagged stuff. But the vast majority of the food was all made in house from scratch and for that you need.....recipes. To train people they need.....copies of the recipes.
I had to sign them out, but yeah. Can't see what is so hard to believe about that.
You think a cook can cook food without a recipe?

And lulz over fricking lulz to see Heady "pool in the arena and I'm not Solja or TulaneLSU" Brosevelt tell anyone anything for shoveling.

before I even responded I knew Lester would appear. Dude lives such a shite life he can't beileve that anyone else does anything besides sit on a computer, eat and watch sports.
This post was edited on 6/17/14 at 3:13 pm
Posted by Gris Gris
OTIS!NO RULES FOR SAUCES ON STEAK!!
Member since Feb 2008
47332 posts
Posted on 6/17/14 at 3:14 pm to
Do you remember what exactly was in the sauce that came with the broccoli balls? I always loved those and the sauce. I rarely ordered a meal at Copeland's. Just broc balls and warm crab claws.
Posted by BRgetthenet
Member since Oct 2011
117664 posts
Posted on 6/17/14 at 3:15 pm to
quote:

before I even responded I knew Lester would appear. Dude lives such a shite life he can't beileve that anyone else does anything besides sit on a computer, eat and watch sports.


This post was edited on 6/17/14 at 3:16 pm
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