GraceKennedy Completes Acquisition of Unibev Limited  

• GraceKennedy Limited (GK) has announced that it has successfully completed its acquisition of Unibev Limited, a Jamaican manufacturing company specializing in fully integrated beverage solutions. The strategic transaction firmly cements GK's position as a leader in the Jamaican spring water market.
• Unibev is now GK's sixth manufacturing facility in Jamaica and is involved in the entire beverage production process, spanning from raw material sourcing to packaging.
• Commenting on this significant milestone, Group CEO Don Wehby expressed, "The acquisition of Unibev represents a pivotal move in GK’s pursuit of its 2030 vision, especially as it relates to advancing its presence within the growing Jamaican spring water market.
• Frank James, CEO of GK Foods ‐Domestic, underlined the strategic significance of this expansion, stating that the company is actively capitalizing on opportunities to grow its beverage brands. Beyond the advantages for its spring water business, this acquisition aligns seamlessly with the company’s manufacturing transformation strategic plan, aimed at strengthening its competitive edge and positioning GK as a regional leader in food and beverage manufacturing.
• GK continues to seize opportunities to grow its beverage brands by expanding its manufacturing segment.

(Source: JSE)