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GraceKennedy Ltd. (GK)- Acquires UK Food Distribution Company

GraceKennedy Limited has acquired the WT (Holding) Limited Group (“WT Foods”) of the United Kingdom, a leading ethnic and speciality food supplier, from Bridegport Capital Limited, a European private equity firm.

WT Foods comprises three main businesses: Enco, a leading supplier of Afro-Caribbean foods and drink with principal brands being the Nurishment, Encoma and Dunn’s River barnds, Chadha, a specialist supplier of Oriental products to the grocery trade, and Funnybones, an American, Mexican, Cajun, Indian and Oriental food specialist for the food service market.