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Financial News

Aug 2023 Financial News

GraceKennedy Limited - Notice of Material Information - Acquisition of Unibev Limited

Aug 02, 2023

Kingston Jamaica, August 2, 2023 – GraceKennedy Limited (GK) has announced that it has come to an agreement to acquire Unibev Limited, a privately owned Jamaican manufacturing company which specializes in fully integrated beverage solutions. The transaction, which remains subject to customary closing conditions, will place GK in an even stronger strategic position within the Jamaican spring water market.

Unibev is involved in all aspects of the beverage manufacturing process, including, sourcing raw materials, and packaging. Its manufacturing facility, located in Spring Garden, Portland, includes a Blue Mountain spring water source and is International Bottled Water Association (IBWA) certified.  

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The Trinidad and Tobago Stock Exchange Limited
Wednesday 2nd August, 2023