Everything Fresh Jamaica Limited (EFRESH) Completes Expansion to Bahamas

• Consistent with its vision when Everything Fresh Jamaica Limited (EFRESH) completed its IPO, the company has sought to replicate its operations in other islands of the Caribbean region.
• In early 2019, the company began exploring a transaction that would accomplish this critical diversification goal. Now with the completion of the transfer of a 60% stake of Everything Fresh Bahamas Limited to the parent company Everything Fresh Jamaica Limited, the listed company takes this opportunity to update all shareholders.
• Everything Fresh Bahamas Limited is focused on supplying food products to supermarkets and the retail trade in the Bahamas. Despite the challenges of the COVID-19 pandemic, it is expected that the company will continue to deliver value to the market and grow further in the near term.

(Source: JSE)