The Company is an exporter of refrigerated food products (primarily meat, seafood, fruits and vegetables) to retail grocers and food distributors located in Mexico, South America and the Caribbean. It acts as a complete outsourced solution for its clients in the procurement and delivery of high-quality food and other niche products that are generally imported from the U.S. The Company provides its services through third-party transportation companies, cold storage facilities and customs brokers; thus, it does not maintain a signifcant asset base. Company management has developed strong relationships with many of its key suppliers, including key customs officials, and is generally aware of changes in exporting laws before its competitors. With revenues fast approaching $59 million, a rapidly expanding customer base and a strong network of relationships throughout the logistics supply chain, our client represents an attractive entry-level or add-on opportunity for a buyer interested in capitalizing on strong demand from Mexico and other Latin American countries for imported refrigerated food products.
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