First Look

EFresh Announcement - Acquisition of The Meat Experts

0 | 2019-02-18 11:27:00

 Everything Fresh Limited (EFresh) has purchased 100% of The Meat Experts. The agreement was signed recently and the takeover is now complete. The purchase consideration was Fifty Million Jamaican Dollars and they expect to spend an additional Thirty Million Jamaican Dollars for upgrades, in very short order.
Meat Experts is a widely integrated manufacturing operation located in Bog Walk, St. Catherine. It has its own abattoir, cutting, processing, packaging and cold storage facilities and logistics network.
This acquisition will add several new products to the EFresh lineup, promote the support of local livestock and produce farmers and reduce costs. Efresh will be serving both its bulk and retail clients with additional products that will be launched under the “Meat Experts” and the “Everything Fresh” brands.
Efresh continues to pursue other salient opportunities which exist.

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