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Pan Jamaica exits DomRep water business, buys new juice operation in Spain

Two-and-a-half years after Jamaica Producers Group partnered with Norbrook Equity Partners to acquire Grupo Alaska SA, the two companies have sold the ice and bottled water operation in Dominican Republic. The size of the deal was not disclosed..

PanJam sells stake in sauce manufacturer New Castle

PanJam Investments has sold its 33.3 per cent stake in sauce and condiments business New Castle Company Limited for an undisclosed amount. New Castle manufactures and distributes jerk sauces and seasonings in addition to other condiments und

Jamaica Producers revenues up 26% in March quarter

Jamaica Producers Group Limited (JP) delivered strong results for its first quarter ending March 31, 2022, with revenues up 26 per cent and net profit attributable to shareholders up 58 per cent over the prior year. Concurrently, JP earned consol

JP bullish on growth despite challenges

RECOVERING well from pandemic-induced fallouts, Jamaica Producers Group (JP) said it is anticipating even stronger growth this year despite continued challenges in the global environment. “JP pri.

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