Triple Crown Stocks featured Nascent Foodservice as its “Spotlight Stock”. Nascent is one of the most active food distributors in Mexico and has been aggressively acquiring OTCBB firms over the past 12 months.
Its most recent acquisition of Grupo Sur Promociones (GSP) added 240,000 retail accounts to Nascent’s portfolio. The company’s coverage now extends over the entire peninsula, and is known as Mexico’s largest sales, merchandising and promotions company of imported food and beverage products.
The company is now expected to focus on consolidating smaller foodservice distributors as it continues to grow at a rapid pace.
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