Mayberry announces sale of stake in CPJ

Mayberry Jamaican Equities Limited, an investment holding company, announced that it has sold its 20 per cent ownership stake in Caribbean Producers Jamaica to a strategic partner.

Mayberry Jamaican Equities Limited holds investments in various companies listed on the Junior Market and the Main Market of the Jamaica Stock Exchange.

As of December 31, 2021, it held 41 stocks in its portfolio.

Executive Chairman of Mayberry, Christopher Berry, said they invested in CPJ over 8 years ago because they believed in the company, the economic development of Jamaica, and the importance of the tourism sector to the economy.

He added that they have realised the gains from the investment, which have provided handsome returns for the shareholders of Mayberry Jamaican Equity, which reflects an ongoing commitment to optimising its investment portfolio and delivering value to its shareholders.