US distributor targets Mexico

24 November, 2006
The ambitious US distribution company Nascent Wine has bought a Mexican distributor of bakery supplies as part of a plan to become the largest food distributor by scooping up many of the country's 25,000 small distributors.
Nascent paid MEX$290,000 (£14,000) for JM Distribucion, which supplies bakers in Tijuana, Mexicali and Ensenada and represents three large Mexican brands (Produpan, Marglas and La Florida) and the US bakery supplier Bakemark-Westco.Nascent's chief executive Sandro Piancone said Nascent already has three other Mexican distributors in its sights. There are over 25,000 foodservice distribution companies in Mexico with estimated annual revenues of approximately $1.5 million, said Nascent.Mexico's poor roads mean distribution is handled by small vehicles making frequent deliveries.



Site Search

Webinars 

    Insights from the Bakery Market Report 2016

    You can now purchase the Bakery Market Report 2016, which offers insight into the retail bakery trade in the UK.