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louisiana fish fry sold to new york private equity firm
Posted on 8/2/21 at 4:10 pm
Posted on 8/2/21 at 4:10 pm
2nd time in 3 years it has been sold according to article in br business report.
as long as they don't change any of the ingredients...
as long as they don't change any of the ingredients...
7
Posted on 8/2/21 at 4:19 pm to Lincoln Dawson
I fear the new owners will go cheap on ingredients and run another good product line into the ground.
Posted on 8/2/21 at 4:38 pm to Unobtanium
I can't imagine the ingredients are particularly expensive for a fish fry product
Posted on 8/2/21 at 4:42 pm to Unobtanium
The biggest risk is them making the products in a larger manufacturing plant and closing the local business down. Many local food companies have sold to investors: Zatarain’s, Zapps, Richards, Fish Fry.
This post was edited on 8/2/21 at 4:48 pm
Posted on 8/2/21 at 4:43 pm to Powerman
quote:
I can't imagine the ingredients are particularly expensive for a fish fry product
Maybe not but didn't the last owners change up the crawfish boil some. Well...changed where the ingredients came from so it changed the flavor was a possible idea. I think there was a long thread about it here a year or two ago?
At any rate IMO if it changes ownership something is likely to change in the product.
Posted on 8/2/21 at 4:49 pm to NOLAGT
quote:
At any rate IMO if it changes ownership something is likely to change in the product.
Especially when sold to investment firms who have no ties to the product. It’s 100% about money and not about the product.
Posted on 8/2/21 at 4:51 pm to NOLAGT
It's a legitimate concern. I would be concerned with the spices. Don't think you can make cornmeal much cheaper than it already is.
Posted on 8/2/21 at 5:05 pm to SixthAndBarone
quote:
Especially when sold to investment firms
1,000%
Posted on 8/2/21 at 5:15 pm to NOLAGT
They changed the salt to spice ratio, the food board confirmed the change
Posted on 8/2/21 at 6:07 pm to Lincoln Dawson
They already changed their crawfish boil powder
Posted on 8/2/21 at 6:11 pm to Lincoln Dawson
These firms are notorious for squeezing every cent out of these companies for a quick profit then leaving them in ashes. That brand is about to go to absolute shite.
Posted on 8/2/21 at 7:43 pm to upgrayedd
Equity firms are the absolute worst. Nothing more than bean counters who only care about increasing their ROI as soon as possible. Remington is a prime example of a company that sold out and went to shite.
Another concern - the new ownership group is from New York and has absolutely no clue about the flavor of local food products. Instead of using the already established spice vendors, they could possibly start using their own spice sources which will change the flavor of seasoning blends. This same thing recently happened with LA FF dry crawfish boil.
Another concern - the new ownership group is from New York and has absolutely no clue about the flavor of local food products. Instead of using the already established spice vendors, they could possibly start using their own spice sources which will change the flavor of seasoning blends. This same thing recently happened with LA FF dry crawfish boil.
This post was edited on 8/2/21 at 7:48 pm
Posted on 8/2/21 at 9:32 pm to Lincoln Dawson
quote:
I fear the new owners will go cheap on ingredients and run another good product line into the ground.
Just like Trappeys. I used to love the black eyed peas with jalopeno. About a month ago, I got three cans. Opened one can, tasted terrible. They've been purchased by an Arkansas company. Threw the other two cans away. Damned shame.
Posted on 8/3/21 at 1:16 pm to Lincoln Dawson
quote:
2nd time in 3 years it has been sold according to article in br business report.
as long as they don't change any of the ingredients...
well since it has one and only one ingredient, corn flour, i dont think that will change
now the seasoned version might change, its mostly just salt any way
Posted on 8/3/21 at 1:31 pm to keakar
quote:
well since it has one and only one ingredient, corn flour, i dont think that will change
Huh? They sell corn flour in a bag with nothing else?
Posted on 8/3/21 at 3:24 pm to SixthAndBarone
quote:
Huh? They sell corn flour in a bag with nothing else?
yes that is all that it is, just plain corn flour
they add seasonings for the "seasoned" version but thats all they add other then corn flour
you pay $4-$5 a pound for fish fry when you can buy a 20-25 pound bag of corn flour and get the same thing for about $1 a pound. if you do a lot of frying thats the best way to go. check with your local small grocery stores, if they dont stock it they can get it for you
Posted on 8/3/21 at 3:29 pm to keakar
Their classic fry is 2 ingredients. I never knew they had a classic fry. Thought the seasoned fry was the main one.
This post was edited on 8/3/21 at 3:40 pm
Posted on 8/3/21 at 3:43 pm to SixthAndBarone
quote:
Their classic fry is 2 ingredients. I never knew they had a classic fry. Thought the seasoned fry was the main one.
some brands add lemon powder to it but most brands dont, its just straight corn flour
Posted on 8/3/21 at 4:00 pm to Lincoln Dawson
quote:
new york private equity firm
Posted on 8/4/21 at 1:33 pm to keakar
Which one are you saying is just corn flour?
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