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Shining a light on PE ownership.

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MA

Mann Packing Company

food_consumer
PE-OWNED

Leading producer and distributor of fresh vegetables including broccoli, cauliflower, and sugar snap peas.

PE-OWNED

Acquired by Leonard Green & Partners2018-07-12

View PE Firm Profile

What Made It Great

“

Premium fresh vegetable brand with strong retail relationships and innovative packaging

What PE Will Likely Do

Predictions

Mann Packing's fresh vegetable products will likely experience ingredient downgrades, such as replacing premium vegetables with cheaper alternatives like frozen or canned produce.

HIGH LIKELIHOODBased on: The acquisition by Leonard Green & Partners, a private equity firm with a known track record of cost-cutting and brand consolidation tactics.

The company may engage in 'shrinkflation' by reducing package sizes of their vegetable products while maintaining or even increasing prices.

HIGH LIKELIHOODBased on: The common industry playbook tactics observed in the food and consumer goods industry, such as ingredient downgrades, shrinkflation, supply chain changes, and formula alterations.

Mann Packing may switch to lower-cost suppliers and manufacturing options, leading to changes in their supply chain and potentially impacting product freshness and quality.

HIGH LIKELIHOODBased on: The negative consumer impact score of 0.20 for Leonard Green & Partners, indicating their tactics tend to be harmful to consumers.

The company may alter their product recipes to reduce costs, leading to changes in taste, texture, and nutritional value of their vegetable offerings.

HIGH LIKELIHOODBased on: The negative consumer impact score of 0.20 for Leonard Green & Partners, indicating their tactics tend to be harmful to consumers.

Expected Timeline

Phases
0-6 monthsCompleted

“0 to 6 months months”

Minimal visible changes as ownership transition occurs.

6-12 monthsYOU ARE HERE

“6 to 12 months months”

Behind-the-scenes changes to suppliers, ingredients, and manufacturing processes begin.

12-24 months

“12 to 24 months months”

Consumers start noticing quality differences in Mann Packing's vegetable products, such as less crisp texture, diminished flavor, and reduced shelf life. Complaints about the changes increase.

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What You Can Do

Take Action

Actions

  • Be on the lookout for changes in the quality, taste, and freshness of Mann Packing's vegetable products in the coming months and years.

  • Consider switching to alternative fresh vegetable brands if the quality of Mann Packing's offerings declines significantly.

  • Stay informed about any public announcements or news regarding changes to Mann Packing's products or operations under the new private equity ownership.

Alternatives

Research independent alternativesSAFE

Look for family-owned or employee-owned businesses

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"Mann Packing Company is now PE-owned. Here's what that means for you."