Wellington Foods

Wellington Foods is a pioneering international company in the packaged food industry, with a rich family legacy dating back to 1907. Specializing in sourcing products from low-cost regions such as West Africa and Guatemala and marketing them in high-income countries, Wellington Foods achieves an impressive average markup of 100%. They have strategically positioned themselves in the retail produce sector, value stores, food service, and ingredient sales, distinguishing themselves from major industry players. Notably, they supply frozen vegetable sides to the national penal system, serving 2.6 million incarcerated individuals. Recently, they secured a significant deal to launch their ROMAN GODDESS fresh berry line nationwide, showcasing substantial growth potential. With a last equity crowdfunding investment in December 2014, Wellington Foods has demonstrated a debt-free status and a $4 million receivable financing line, solidifying its financial stability. The company operates in the hospitality sector and is positioned to capitalize on the substantial growth in the $5 billion U.S. fresh berry retail category, which is growing annually at 4.3% in revenue.