Recently, Nascent Wine Company, Inc. (NCTW.OB) dba Nascent Foodservice Inc. was Rated “Speculative Buy” by Beacon Equity Research with a Target Price of $4.00.
Nascent is the only nationwide distributor of imported food and beverage products in Mexico. The Company is quickly becoming the leading food and beverage distributor throughout Mexico, marketing and distributing over 2,000 national and proprietary brand food and non-food products.
Nascent Foodservice has the exclusive right to distribute Miller Beer in Baja California, Mexico.
In addition, Nascent sells select products from Nestle, Haagen-Dazs, General Mills, Ferrarelle Water, Cora Italian Food Products, Bonafont Water, Avasoft Ice Cream, Kabbalah Energy Drink, and Jolly Rancher Soda.
Nascent is focused on acquiring the most profitable and well positioned distributors in Mexico with the best food and beverage portfolios in the country, selling to over 7,000 sales points including supermarkets, convenience stores and foodservice accounts.
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