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Having recently purchased a small number of shares that upped its stake in Seprod Limited to just above half of the manufacturing and distribution group, the Musson Jamaica conglomerate is making a takeover offer for more shares in line with market.
MANUFACTURING and distribution company Seprod Limited has landed a co-manufacturer arrangement with Upfield, a global leader in the production of margarine and butter.
The new arrangement brings .
Seprod Limited plans to become a US$1-billion, revenue-generating company in about two years, which requires doubling its annual sales. The food manufacturing and distribution company, which produces brands such as Chiffon margarine, Betty.