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12-13-2021 09:48 PM
My saying is....leave the goats alone!
12-13-2021 09:50 PM
Better stock up now on the products you like, because we know what happens.... Everything changes quality, and not for the better!
12-13-2021 10:58 PM
@MW in Iowa wrote:Another one bites the dust. It was bought for 92 million by Eurazeo. Doesn't sound like that much considering It sold for 1 billion.
From WWD via Yahoo:
Eurazeo Brands has acquired a controlling stake in Beekman 1802, a microbiome-focused skin care brand centered around goat milk.
Eurazeo invested $62 million in the company, alongside co-investors Cohesive Capital Partners and the Cherng Family Trust. In total, $92 million was invested.
12-13-2021 11:06 PM
Don't worry, the goats were just for show.
12-13-2021 11:43 PM
UH OH. Farmer John will need to find another job.
12-13-2021 11:46 PM
Well, I have enough of Beekman to last me a couple of years, so I'm not worried about buying any more.
It makes me wonder, if this is why they said during recent shows that they wouldn't be able to offer the bounty boxes (for the prices) that they have in the past.
Brent and Josh say in the article that they will be staying on with the company, but how long will that last? And how much say will they have over anything, if they're not the majority investment partners?
Also, they said that it was nice that it was two women who came to talk to them. But take a look at the company's info: it's still mostly "middle-aged men" at the top.
I'll watch to see what happens and how the presentations change in the coming year. I'm also concerned about the talk of "global markets". If they go into somewhere like China that demands animal testing, I'm out.
12-14-2021 12:07 AM
China is where the big money is. Nothing in America anymore.
12-14-2021 12:11 AM
@MW in Iowa How did 92 million turn into 1 billion?
12-14-2021 12:22 AM
I believe in 2019 I said to them that they would sell their company one day. That didn't take long. Better stock up because the products will change for sure. Wonder why they didn't post this on their page. Hmm
12-14-2021 12:49 AM
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