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VA

Van de Kamp's

food_consumer
PE-OWNED

Frozen seafood and breaded fish products manufacturer with retail and foodservice distribution.

PE-OWNED

Acquired by Cerberus Capital Management2014-12-01

View PE Firm Profile

What Made It Great

Established frozen seafood brand with strong retail presence and convenience positioning

What PE Will Likely Do

Van de Kamp's will likely experience ingredient downgrades, such as substituting cheaper fish and breading materials in their frozen seafood and breaded fish products

HIGH LIKELIHOODBased on: Cerberus Capital Management's track record of cost-cutting and debt loading in their acquisitions, which often leads to quality degradation

The company will likely engage in shrinkflation, reducing the package sizes of their frozen products while maintaining or increasing prices

HIGH LIKELIHOODBased on: The industry playbook for PE-owned food and consumer companies, which shows a high frequency of ingredient downgrades, shrinkflation, supply chain changes, and formula changes

Van de Kamp's will likely consolidate and close some of their manufacturing facilities, leading to supply chain changes and potential quality issues

HIGH LIKELIHOODBased on: The typical timeline of quality and brand reputation decline in similar past cases, such as Steward Health Care and Hahnemann University Hospital

The company may alter their product recipes to reduce costs, potentially impacting the taste, texture, and overall quality of their frozen seafood and breaded fish items

HIGH LIKELIHOODBased on: The typical timeline of quality and brand reputation decline in similar past cases, such as Steward Health Care and Hahnemann University Hospital

Expected Timeline

0-6 monthsCompleted

0 to 6 months months

Minimal visible changes as Cerberus Capital Management completes the ownership transition

6-12 monthsYOU ARE HERE

6 to 12 months months

Behind-the-scenes changes to suppliers and product formulations begin, with gradual quality degradation

12-24 months

12 to 24 months months

Consumers start noticing differences in the taste, texture, and quality of Van de Kamp's frozen seafood and breaded fish products, as the brand's reputation begins to suffer

Similar Cases

Other companies that followed a similar path after PE acquisition

What You Can Do

Actions

  • Closely monitor the quality and pricing of Van de Kamp's frozen seafood and breaded fish products in the coming months and years

  • Consider switching to alternative brands or making homemade versions if you notice significant degradation in the quality of Van de Kamp's products

  • Provide feedback to the company and share your experiences on review platforms to hold them accountable for any quality changes

Alternatives

Research independent alternativesSAFE

Look for family-owned or employee-owned businesses

Share this company's PE status

"Van de Kamp's is now PE-owned. Here's what that means for you."