Jamaica Producers Group Limited (JP) has advised that Jamaica Aggregates Ltd. has acquired the St. Mary based mining plant of JP’s subsidiary, Four Rivers Mining Company Limited. JP advised that it offered its mining assets for sale as it had concluded that the mining business was not compatible with its strategic focus on profitable growth in Food and Logistics business. JP also advised that the sale is not expected to materially affect JP’s net worth or profits.
Jamaica Producers Group Limited (JP) – Sale of JP’s Subsidiary, Four Rivers Mining Company Limited
- June 24, 2016
- 5:27 pm
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