Seprod Asset Purchase Agreement with Kraft Foods

Posted: August 23, 2007 at 12:00 am

Seprod Limited has advised that the Company has entered into an Asset Purchase Agreement with Kraft Food Holdings and Kraft Foods Jamaica Limited (“Kraft”) to acquire the manufacturing assets, inventory, freehold property and certain intangible assets including the Butterkist trademark and the Ovaltine Manufacturing Licence. The scheduled completion date is 31st August 2007.

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