Capstone Partners reports the food sector has showcased defensibility amid elevated inflation and interest rates, evidenced by healthy levels of merger and acquisition activity through year-to-date.
The FDA’s FSMA 204 food traceability law requires additional traceability recordkeeping for foods on the Food Traceability List, which includes fresh, frozen and previously frozen finfish, smoked finfish, crustaceans and molluscan shellfish.
The modern distribution facility includes 12,000 sq. ft. of fully automated freezer capacity, end-to-end research and development capabilities, automated production lines to increase sales capacity, and space for five additional production lines.