THREE recent acquisitions by subsidiaries of Massy Holdings Ltd have underlined its status as a major employer and stimulant to the regional economy, a reminder of the impact and potential reach of conglomerates originating in the local marketplace. The company this month announced the US$47 million acquisition of Rowe’s IGA Supermarkets, a Florida supermarket chain.
After completing its most recent rounds of disposals of non-core entities, Massy Holdings Limited is channelling the funds from its divested funds portfolio into a raft of new acquisitions as .
MASSY Holdings has announced its intention to acquire IGL, using its Massy Gas Products Holdings subsidiary to effect the deal.
The Trinidad-based company said its board on Monday approved the ac.