Gracekennedy To Acquire 35% Stake In Catherine’s Peak Bottled Pure Spring Water Business
GraceKennedy announced its intention to acquire a 35% share in Catherine’s Peak bottled pure spring water business, subject to the satisfactory completion of due diligence. This transaction forms part of GraceKennedy’s strategic growth initiative to expand the Group’s healthy product alternatives portfolio, while acquiring top Jamaican brands with broad consumer appeal capable of growing both locally and internationally.
The Company was appointed the exclusive distributor for the Catherine’s Peak brand which will immediately benefit from GraceKennedy’s extensive distribution network. BM