Pan Jamaica Group Limited announces the successful divestment of Grupo Alaska S.A., a leading producer of ice and bottled water products in the Dominican Republic owned by Grupo Frontera, a 50/50 holding company held by Pan Jamaica and Norbrook Equity Partners Limited. Grupo Alaska S.A., which has manufacturing and distribution operations in Santo Domingo and Punta Cana and employs more than 300 persons, was sold to Diesco Industries Limited an international group with a regional focus on the business of bottled water.
Pan Jamaica Group Limited (PJAM) Expands Fresh Juice Holdings in Europe
Pan Jamaica Group Limited announces the acquisition of APA Processing BZ, S.L.U. (‘APA’), a fresh juice processing facility in Barcelona, Spain which will be held by the Group’s joint venture juice company, CoBeverage Lab S.A. The acquisition of APA is expected to provide additional high pressure processing capacity to the Group’s Pan European juice group, The Juicy Group, which has facilities in Spain, Belgium and the Netherlands. The Juicy Group offers a wide range of cold-pressed fresh juices and makes use of advanced ultra-fresh and high- pressure processing technology in all of its facilities.
