Nascent Food Service is a large company and is currently undervalued with great potential for the future. They have retained exclusive rights to distribute Miller Beer in the Baja California region, and has acquired a major food distributor, Piancone Group International.
The company plans to consolidate the Mexican food service distribution market by acquiring smaller distributors. There are over 25,000 “mom-and-pop” distributors in Mexico, causing fragmentation in the industry. This offers a great opportunity for Nascent’s Business strategy.
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