Acquisition of Bryden Group behind improved performance

October 2, 2023
Seprod says the acquisition of the Bryden Group was the driving force behind the improved performance that was reported at the company's Annual General Meeting yesterday. Group CEO Richard Pandohie says they are already deriving benefits from the combined entities in efforts to expand their regional distribution footprint. Mr Pandohie says Seprod delivered on its […]
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World School Milk Day

September 28, 2023
Why Serge Milk Matters: Nourishing Jamaica One Glass At A Time In a world filled with ever-changing dietary trends and food choices, one nutritional powerhouse continues to stand the test of time: Milk, specially when it comes from the renowned dairy producer, Serge Island Farms. On this World School Milk Day, it is essential to […]
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Seprod chairman bemoans shrinking Jamaican workforce

September 19, 2023
Chairman of Seprod Group, Paul B. Scott, is warning of the clear and present dangers of what he says is Jamaica’s shrinking workforce.Scott argues that this situation is getting worse due to a number of factors such as increased migration and Jamaica’s climbing death rate. He reasons that, “Jamaica has a death rate of 8.8 […]
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Seprod aiming for revenue exceeding US$650 million by end of 2023

September 19, 2023
Jamaica-headquartered regional conglomerate, Seprod Group, is looking to exceed revenues of US$650 million by the end of this year with a robust growth trajectory for future years. This growth level is expected from the amalgamated entity, which in June 2022, saw Seprod’s metamorphosis to a regional player continued with the acquisition of the Brydens Group […]
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Seprod to increase share capital

September 18, 2023
Food company Seprod Limited plans to increase its authorised share capital by 28 per cent in a series of steps that will let the board transfer the new shares to persons or directors and list them on the market. The move requires shareholder approval at the upcoming annual general meeting on September 27. Shareholders are […]
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Seprod purchased AS Bryden for $312.7m

September 18, 2023
AS Bryden and Sons Holdings Ltd was valued at $267.9 million (JA$6.09 billion) when Seprod Ltd, the regional manufacturing and distribution company headquartered in Jamaica, sought to acquire it last year. And to fund the transaction Seprod used a loan of $172.4 million (JA$3.9 billion) and issued preference shares to the tune of $140.3 million […]
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