MELFA – Blue Crab Bay Co. founder Pamela Barefoot announced the sale of her business and its assets last week to Maryland Eastern Shore native Elizabeth Lankford.
The new ownership marks the near-end of Barefoot’s involvement with the specialty food company, where she spent nearly 32 years building a successful business from her brainchild.
Barefoot, 66, said she has been thinking of an “exit strategy” in recent years that would allow her to gradually retire and give the next owner the opportunity to continue building the brand from its current location in Melfa, Va.
“I’ve had offers over the years from people who wanted to buy the brand, but they didn’t want the building or the employees,” she said. “I just hated that. So I’ve been waiting and waiting for somebody to come along, and a couple of years ago Elizabeth came along and it’s a dream come true for me.”
More
4 comments:
"Spent last 10 years as a Lobbyist.."
Draining the swap..now they have to find real jobs..
I'm really glad for Miss Lankford. If anyone knows the food business, it is she.
Isn't that Heather Lankford?? The daughter of the Sysco Foods president?
So proud of you Elizabeth Anne! I know you will be the best thing to ever happen to this company. You will take it to it's full potential. So glad to have you back on the shore!
Post a Comment