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Nascent Food Service, Inc. (NCTW.OB) Inks Letter of Intent to Acquire a Leading Cheese Distributor in Baja California

Nascent Food Service announced that it has signed a letter of intent to acquire Comercial Targa S.A. de C.V. The company is a leading cheese distributor in Baja California, Mexico and own one of the most popular cheese name brands in Baja California.

Comercial Targa has been established for 24 years with 2 distribution centers located in Tijuana and Mexicali. Their products can be found in every supermarket as well as many restaurants and convenience stores throughout the state.

The CEO of Nascent, Sandro Piancone, stated: “This is an ideal opportunity to take a regional brand and launch it throughout the rest of Mexico in our 8,000 supermarket accounts.”

A spokesperson of Targa commented, “We’re excited to work with Nascent, the only nationwide distributor of imported products, and see our brand expand nationally through Mexico.”

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