Overview
This Company specializes in the processing of fresh fruits and vegetables. Its proximity to prominent farm regions enables a wide variety of fruits and vegetables to be swiftly delivered to its facility by its field reps then immediately frozen to ensure freshness and packaged for shipping its clients – Company has a legacy around the world for high-quality, reliability and quality assurance. Location near a preeminent shipping port provides a gateway to majority cities in the USA, Japan, Canada, United Kingdom, Europe, MENA and Australia. Plans are underway for a second processing facility in a different geographic location to broaden its operations and further scale the business – the acquirer of the first processing facility/Company will have the first-right-of-refusal to purchase the second facility (construction has yet to begin for the second facility but permitting has begun).
Financials
Company has successfully navigated logistics-related supply chain disruptions (Covid, et al) and its recent state-of-the-art facility additions are expected to provide for increased margins and reduction in overhead, leading to improved revenues as well as profitability.
Management
Current management is open to remaining with the Company through transition period.