Brands Satire
Dan-O's Seasoning Takes $25 Million Investment; Investors Say Valuation Could Use A Pinch More
The seasoning brand takes $25 million from The Newcastle Network.
LOUISVILLE, Ky.—Dan-O's Seasoning, the fast-growing seasoning brand, has received a $25 million investment from The Newcastle Network.
Food industry watchers said the deal reflected strong demand for products that make chicken taste like something. "Every American kitchen has one sad chicken breast," said one analyst. "Seasoning is the most direct way to help it."
Every American kitchen has one sad chicken breast…
The company said it would use the money to grow distribution. Investors said they would sprinkle it on and see.
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Riffing on: Seasoning maker scores $25 million investment, Food Business News