Seprod Limited (SEP) – Fire at Facey Commodity Company Limited Food Distribution Facility

Posted: October 19, 2021 at 8:01 am

Facey Commodity Company Limited is a subsidiary of the Seprod Group. On the evening of Saturday October 6, 2021, there was a fire at one of Facey Commodity Company Limited’s four food distribution facilities. The cause of the fire is being investigated and is not yet known. The property and its contents are adequately insured and discussions regarding settlement of insurance claims are underway.

On the morning of Monday October 11, 2021, Facey Commodity Company Limited continued operating by utilizing its other distribution facilities. The company is in advanced discussions with a view to securing suitable temporary warehouse space to replace the space lost. In order to quickly replace the goods that were lost, the manufacturing entities of the Seprod Group have increased production; external suppliers have responded to orders brought forward and have commenced delivery; and the process of clearing goods currently on the port has been expedited.

 

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