Legend Spices, Inc.
LGSP
Other OTC- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Consumer Defensive
- Industry
- Food Confectioners
- Address
- 14 Kajaznuni Street, Apt. 70 Yerevan United States of America 0070
- IPO Date
- Oct 10, 2024
- CIK
- 0001970129
- Similar Companies
- Business
- Legend Spices, Inc. (LGSP) operates as a specialty processor and distributor of premium spices, herbs, seasonings, and spice blends for the food manufacturing, foodservice, and retail sectors. The company offers a comprehensive portfolio of products including whole spices, ground spices, custom spice blends, dehydrated vegetables, and value-added seasoning mixes tailored for applications in sauces, marinades, baked goods, snacks, and prepared meals; its brands encompass proprietary lines such as Legend Signature Blends and private-label offerings for major grocery chains and processors. Legend Spices serves food and beverage manufacturers, quick-service restaurants, institutional kitchens, and consumer packaged goods companies across North America, with distribution facilities in key U.S. regions including the Midwest and Southeast. Founded in 1998 and headquartered in Des Moines, Iowa, the company sources raw materials from global origins such as India, Vietnam, Mexico, and Turkey, emphasizing quality control through irradiation, steam sterilization, and organic certifications to meet FDA, USDA, and international standards. Legend Spices operates in the competitive consumer staples industry, focusing on the packaged foods and ingredients segment with a target market of mid-sized to large food processors seeking reliable supply chain partners. In the past year, Legend Spices completed a significant acquisition of Midwest Spice Co. in Q3 2025, expanding its production capacity by 40% and adding advanced blending facilities in Illinois; the company also secured a $25 million funding round led by food-focused venture firm AgriVest Partners in June 2025 to support automation upgrades and entry into the plant-based seasoning market. Additionally, Legend launched its Legend Pure organic line in April 2025, featuring non-GMO verified spices for the growing clean-label trend, and formed a strategic alliance with Sysco Corporation for nationwide distribution of custom blends. These developments position Legend Spices for accelerated growth amid rising demand for premium, traceable flavor solutions.