JAMT Partners with AMCO for New Distribution Deal

• Jamaican Teas Group of Companies announced that effective September 25, 2023, Alston Marketing Company Limited (AMCO) will be the exclusive distributor for the Jamaican Teas Limited-owned brand- Caribbean Dream and Tetley which is manufactured under license.
• AMCO is a wholly owned subsidiary of the Ansa McAL Group of Companies, one of the largest conglomerates in the region with more than US$1Bn in revenues.
• Ansa McAL comprises over 27 subsidiary companies, operating in multiple territories including Jamaica and is a listed company on the Trinidad and Tobago Stock Exchange.
• This new distribution deal is expected to expand its product reach and bolster the company’s revenues, when combined with the cost savings from the consolidation of its two plants announced earlier, will ultimately increase the bottom line and shareholders’ value.

(Source: JSE)