Established Market Presence With over 60 years in the food and beverage manufacturing industry, Riverside Foods has built a reputation for high-quality, customer-focused products, indicating a strong potential for expanding premium product lines or co-branding initiatives.
Recent Acquisition Opportunity Having been acquired by Lakeside Foods in 2018, Riverside Foods is part of a broader corporate portfolio, presenting opportunities for cross-selling and leveraging parent company resources to introduce new product innovations.
Growth and Revenue Potential Generating between 25 to 50 million dollars in revenue with a relatively small team, there is significant room for sales growth in supply chain partnerships, distribution channels, and scaling premium ingredient sourcing.
Technological Engagement Utilizing digital tools like Google Cloud, D3.js, and WordPress indicates a tech-savvy approach; this opens doors for collaborations in digital marketing, automation solutions, or product tracking technologies.
Industry Trends Alignment As a leader in frozen appetizers and seafood, Riverside Foods is well-positioned to capitalize on the growing consumer demand for convenient, high-quality frozen foods and sustainable seafood options, presenting strategic sales avenues.