Home Tag "GraceKennedy Limited"

2017 Filled With Challenges And Opportunities As GraceKennedy Group Reaches Milestone Of JA$92 Billion In Revenue

Don Wehby, Group CEO for The GraceKennedy Group has described 2017 as one filled with challenges and opportunities, even as his team was focused and proactive in delivering on new initiatives, establishing new distribution channels, launching new products and executing financial inclusion strategies. Their resilience and diversity allowed them to withstand the pressures, maximise opportunities […]

Productive Business Solutions Announces Successful Closure of Transactions Through Costa Rica And Guatemala Subsidiaries

Gracekennedy Group Confirms Merger Talks Between Signia Financial Group And Globe Finance Inc

GraceKennedy Group has confirmed by way of a notice to The Trinidad and Tobago Stock Exchange that Signia Financial Group Inc. is exploring a potential merger with Globe Finance Inc., this pursuant to a non-binding Letter of Intent signed by the company’s respective shareholders. GraceKennedy Group has a 40% interest in Signia Financial Group which […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

Gray’s Pepper Products Sells 33.3 % Stake To GK Investments Limited

Gray’s Pepper Products Limited, one of Jamaica’s largest processors of seasonings and sauces has sold a 33.3 per cent stake in the company to GK Investments Limited, a subsidiary of GraceKennedy Limited. A family-owned and operated business, Gray’s Pepper has been led by Andrew Gray, the company’s Managing Director since 1995 and will continue in […]

Productive Business Solutions Announces Successful Closure of Transactions Through Costa Rica And Guatemala Subsidiaries

Group CEO Don Wehby Announces Senior Management Changes Within The GraceKennedy Group

GraceKennedy Group CEO Don Wehby has announced senior management changes within the GraceKennedy Group, which will take effect on January 1, 2018: GraceKennedy Foods – Andrea Coy will be appointed as CEO of GK Foods International Business a position previously held by Ryan Mack. GraceKennedy’s manufacturing and distribution operations in the USA, Canada and the […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

Businessuite #1 Jamaica Ranked Public Company for 2017 – Main Market – GraceKennedy Limited

Nat Rank Nat Rank Carib Rank LC$000 US$000 LC$000 US$000 2017 2016 2017 Company 2016/17 2016/17 2015/16 2015/16 1 1 4 GraceKennedy Limited $88,267,589 $687,226 $79,742,230 $663,192 Stock Exchange: Jamaica Stock Exchange Main Market Company: GraceKennedy Limited 2017 Rank: #1 2016 Rank: #1 Chairman: Gordon V. Shirley, OJ Group Chief Executive Officer: Donald G. Wehby […]

Productive Business Solutions Announces Successful Closure of Transactions Through Costa Rica And Guatemala Subsidiaries

Peter Moses Now Chairman of FGB as Douglas Orane Retires

Kingston, Jamaica September 20, 2017] GraceKennedy Limited has announced the retirement of Mr Douglas Orane from the Board of Directors of its subsidiary First Global Bank Ltd. after serving as its Chairman from April 2001. This became effective on September 19. Mr Orane had indicated to Don Wehby, Group CEO, his intention to step down […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

GraceKennedy Reporting 5.1% Increase In Revenue and 19.1% Reduction In Net Profit For Q2 2017

The GraceKennedy Group has released its Second Quarter 2017 results, reporting J$46.4 billion in revenues, an increase of $2.3 billion or 5.1% over the corresponding period of 2016. This was driven by growth in both its Food Trading and Financial segments. Profitability for the quarter was ahead of plan, with net profit for the period […]

Productive Business Solutions Announces Successful Closure of Transactions Through Costa Rica And Guatemala Subsidiaries

There Needs to Be More Jamaican Producers Getting Better at Tapping into External Markets, For Economic Growth to Be Sustained – Wehby

Chairman of Jamaica Promotions Corporation (JAMPRO), Senator Don Wehby, says there needs to be more exports and Jamaican producers getting better at tapping into external markets, for economic growth to be sustained. Wehby, who is also Chief Executive Officer (CEO) of the GraceKennedy Group, adds that JAMPRO is in two years of an export strategy […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

Athol Smith Selling His Local Procter and Gamble Distribution Company, Consumer Brands, To GraceKennedy

Athol Smith, Managing Director of Consumer Brands Limited, a large player in the Jamaican distribution market has agreed to sell his privately held distribution company to the GraceKennedy Group. Under the deal announced last week Consumer Brands will become a subsidiary of the GraceKennedy Group under GraceKennedy Foods. Athol Smith will remain with the company as an […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange

Gracekennedy Is Deepening Relationships With Jamaican Farmers, Developing New Initiatives, Absorbing Supplies, Incentivize Productivity, And Promote Employment Opportunities – Wehby

GK Foods & Services Limited, a subsidiary of GraceKennedy Limited, will be opening its sixth manufacturing plant in Jamaica next year. The new facility will produce a range of conveniently portioned and packaged locally grown fruits and vegetables primarily for export markets. The 60,000 square foot facility, which is situated in Denbigh, Clarendon, contains a […]

JMMB Group Chairman Congratulates Mrs. Street Forrest For Her Effectiveness As The Leader At The Jamaica Stock Exchange