Everything Fresh Announces Acquisition of The Meat Experts
- On February 8th, Everything Fresh (EFresh) announced the completion of its acquisition of The Meat Experts for a purchase consideration of JMD$50Mn. The company expects to spend an additional JMD$30Mn on upgrades, in very short order.
- The Meat Experts is a widely integrated manufacturing operation located in Bog Walk, St. Catherine. It has its own abattoir, cutting, processing, packaging, and cold storage facilities and logistics network.
- This acquisition will add several new products to the EFresh lineup to promote the support of local livestock and produce farmers as well as reduce costs. EFresh will be serving both its bulk and retail clients with additional products that will be launched under the “Meat Experts” and the “Everything Fresh” brands
(Source: JSE Press Release)