Nascent Food Service, Inc. (NCTW.OB) Markets to Three Key Customer Types
Nascent’s extensive product line and distribution system allows them to service 3 major customer types in the foodservice industry. First, they service Traditional customers such as restaurants, hotels, resorts, cafeterias, schools, bakeries, industrial caterers maquiadoras. Secondly, they sell and distribute their products to Chains. The last group is “Autoservicio” retail clients, which include 3 of Mexico’s largest supermarket chains, convenience stores (AMPM International), and mom and pop grocery stores. There is plenty of opportunity with the Mexican foodservice industry as it stands at a comfortable $46 billion; Nascent has plans to consolidate the Mexican foodservice distribution market by acquiring smaller…