GraceKennedy has agreed to acquire 100 percent of Consumer Brands Limited.
The acquisition is expected to be finalised before the end of the third quarter of this year.
Consumer Brands will become a subsidiary of the GraceKennedy Group under GraceKennedy Foods.
Among the brands distributed by Consumer Brands is the Procter and Gamble line of products which the company has distributed in Jamaica since 1992.
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