Grace Kennedy Acquires Unibev Ltd.

Caribbean-based international conglomerate, Grace Kennedy has announced that they have acquired Jamaican-based Privately owned manufacturing company Unibev Ltd.

The company specializes in “fully integrated beverage solutions”.

“We are seizing opportunities to grow our beverage brands by expanding our manufacturing segment,” explained Frank James, CEO of GK Foods – Domestic. “In addition to the opportunities presented for our spring water business, our acquisition of Unibev fits in perfectly with our manufacturing transformation strategic plan, which aims to bolster our competitive advantage, and firmly establish GK as a regional powerhouse in food and beverage manufacturing.”

Once the acquisition gets its customary regulatory approval, the manufacturing facility will become GK’s 6th location in Jamaica.

Source: Grace Kennedy / Jamaica Stock Exchange

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