Feb 2025 Financial News

Agostini's Limited - Notice of Acquisition of a Company

Feb 04, 2025

AGOSTI NI'S

Notice of Material Change to Shareholders
Acquisition Announcement

The Board of Directors of Agostini's Limited wishes to advise that our subsidiary, Caribbean Distribution Partners Limited, has signed a Share Purchase Agreement to acquire 100% of the issued and outstanding shares of Massy Distribution (Jamaica) Limited, a pharmaceutical and consumer products distribution company that operates in Jamaica.

This acquisition is strategic to the regional expansion of our Group's Consumer Products and Pharmaceutical businesses.

This transaction is subject to regulatory approvals and the completion of the due diligence process. We will make a further announcement once the transaction is completed.

This Notice is published pursuant to Section 64(l)(b) of the Trinidad and Tobago Securities Act, 2012.

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Tuesday 4th February 2025