Moesle Meat Set Up for Expansion Following Shore Capital Investment
Wednesday, 15 June 2022June 15, 2022
Moesle Meat, a wholesale meat distributor supplying beef, poultry, pork, seafood and other protein products in the Midwest, landed an investment from Shore Capital Partners, per a June 13 press release.
The company serves grocery retail, foodservice, and redistribution customers in the region.
Moesle Meat was founded in the 1940s and recently announced an expansion into a new Class A distribution facility in southwest Chicago that has allowed the business to continue to scale and serve a diverse range of grocery and foodservice customers from independent stores to larger chains (20+ locations) with ordering and delivery, storage, and processing capabilities, per a press release.
Moesle Meat also operates a facility in Kansas City, KS, doing business as Queen Foods, primarily serving independent restaurants and grocery customers in Kansas and Missouri. Shore Capital said it is partnering with CEO Joel Janecek and his team after leading the company through “tremendous growth over the past five years.”
“Our partnership with Shore Capital will allow us to accelerate our organic growth through new customer acquisition, product and category expansion, and exploring opportunities to support our current and future customers with value-added processing capabilities,” said Janecek. “We are confident that Shore’s playbook and resources will help us take Moesle to the next level, as we look to build on our existing business while also exploring add-on partnership opportunities with other distribution and processing companies in the Midwest.”
The duo plans to invest in business development, sales & marketing, purchasing, technology systems and warehouse and distribution infrastructure in order to enhance operations and explore new areas of growth.
Shore and Moesle plan to eye “inorganic growth opportunities through add-on acquisition partnerships to expand geographic coverage, category depth, and channel and format capabilities.”
“We could not be more excited to partner with the entire Moesle team and look forward to establishing a leading specialty distribution and processing platform in the Midwest and beyond,” said Richard Boos, Partner at Shore and Chairman of Moesle Meat Distribution. “Joel and his team have built an impressive organization focused on delivering excellent customer service and a commitment to continuous improvement and high quality.”
“Shore has been studying the specialty food distribution industry for several years and we are confident we have found the ideal starting point to build a regional platform. We will work hard to collaborate with Joel and the entire Moesle team to build on their success while maintaining the unique culture that has enabled the business to reach this milestone,” added Jeff Smart, Principal at Shore Capital.
Photo Credit: Moesle Meat
Ryan Doyle
Urner Barry
1-732-240-5330
rdoyle@urnerbarry.com