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Nascent Food Service, Inc. (OTCBB: NCTW) is one of our highlighted companies this month. The company is one of Baja Mexico’s largest food distributors, marketing and distributing over 1,400 national and proprietary brand food and non-food products to over 1,000 customers. Nascent plans to consolidate many of the smaller foodservice distributors in the Mexican food distribution market through acquisitions.
In our client’s news today,
Nascent announced that it has opened a full-service warehouse and distribution center in Culiacan, Sinaloa, Mexico. The new distribution center will enable more efficient and cost effective distribution throughout Culiacan and the state of Sinaloa.
The CEO of Nascent, Sandro Piancone, stated, “Opening our distribution center in Culiacan will allow Nascent to better serve the whole area around the state of Sinaloa, which is becoming a significant economic power in Mexico.”
The President of Pasani, a wholly owned subsidiary of Nascent, commented, “The opening of the Culiacan distribution center will help service not only the whole state of Sinaloa but also one of the largest Supermarket Chains in Mexico, Casa Ley. The new distribution center in Culiacan furthers Nascent’s goal of becoming the largest Food and Beverage distributor in Mexico.”
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