
Furthermore, Nascent imports more then 2,300 different food and beverage products and sells such products to over 2,000 prominent customers. These prominent customers include Wal Mart, Sam’s Club, Costco, and 7- Eleven, to name a few. To allow for future growth, the company has acquired Pasani, Palermo’s, and International Foodservice Specialists. In the future, the company will continue to utilize strategic acquisitions to allow growth and distribution expansion.
The acquisition of Pasani positions Nascent Wines with a national presence in Mexico. This distributor has continuous access to large customers and strictly sells to retail grocery and club stores. Another acquisition, Grupo Sur Promocions, a leading merchandising company in the grocery industry, has over 240,000 retail accounts and owns 8,000 supermarkets. This company has sales of over $22 million, and will be crucial to future Nascent success.
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