May 2008 Financial News

Lascelles named Angostura distributor in Jamaica

May 21, 2008

Angostura Limited recently announced that the sole distributor of its famous Angostura® aromatic bitters and its sauces in Jamaica, will be Lascelles Limited.

Since Angostura's offer for the acquisition of outstanding shares in Lascelles deMercado, the companies have built a good, solid relationship and they feel that their brands would be best represented by Lascelles Limited.

Lascelles Limited is a powerhouse in the Jamaican distributive trade with a proven track record and excellent management team, focused on building brands and creating shareholder value, totally in sync with Angostura's overall core objectives.

Angostura looks forward to the union of these two great companies and to the development of Angostura® aromatic bitters and their sauces in Jamaica.


Source:
Daily Express - Business Magazine, Page 21
Wednesday, May 21st 2008

http://www.trinidadexpress.com/index.pl/article_business_mag?id=161326023