Home Tag "GraceKennedy"

Gracekennedy Acquires 35% Share In Catherine’s Peak Pure Spring Bottled Water Brand

GraceKennedy Limited (GK) has announced that the Company will acquire a 35% share in Catherine’s Peak pure spring bottled water brand, which is owned by Peak Bottling Company Limited (PBCL), subject to further due diligence. The acquisition is being undertaken following the signing of a binding memorandum of understanding between GK and PBCL at GraceKennedy’s […]

Businesses In Wider Caribbean Encouraged To Explore Opportunities For Trade And Investment With Cuba.

GraceKennedy Reporting 2016 EPS Of J$4.04 Up from J$2.78 in 2015, a 45.3% increase.

GraceKennedy, Group President and CEO Don Wehby is describing 2016 as a good year for the GraceKennedy Group having achieved several of the key strategic and profitability milestones set. Group revenue for 2016 was J$88.27 billion, representing an increase of 10.7% or J$8.53 billion over the $79.74 billion recorded for 2015. Net profit attributable to […]

Blue Power Group Reporting Declining Profits After Tax And Earnings Per Share, As It Considers Stock Split.

Gracekennedy Terminates Distribution Relationship With Trinidad Based Beverage Manufacturer SM Jaleel & Co Ltd,

GraceKennedy Group Chief Executive Officer Don Wehby confirmed on a recent conference call that GraceKennedy has terminated its distribution relationship with Trinidad based beverage manufacturer SM Jaleel & Co Ltd, While the products including Busta, Chubby and Fruta did add to GraceKennedy’s revenue line the profitability was very marginal. So in terms of GraceKennedy’s strategic […]

Businesses In Wider Caribbean Encouraged To Explore Opportunities For Trade And Investment With Cuba.

National Export Strategy To Achieve US$2.5 bn In Exports By 2020.

Don Wehby Group Chief Executive Officer of GraceKennedy and Chairman of JAMPRO is of the view that efforts to improve our global business relations and increase our exports is a national priority. One he says that has been articulated by the Economic Growth Council, and which is central to Vision 2030’s goal for making Jamaica’s […]

Businesses In Wider Caribbean Encouraged To Explore Opportunities For Trade And Investment With Cuba.

GraceKennedy Announces Organisational Changes for 2017

GraceKennedy Limited (GK)  has advised of the following organisational changes which will take effect on January 1, 2017 and April 1, 2017: Grace Foods Effective January 1, 2017 the following changes will occur in the Grace Foods division: Gilroy Graham, who is currently Senior General Manager for Grace Foods & Services (GFS) within GK Foods Jamaica, […]

Businesses In Wider Caribbean Encouraged To Explore Opportunities For Trade And Investment With Cuba.