May 04, 2022
Seprod Limited (SEP) has announced that the Company has reached an agreement to acquire A.S. Bryden & Sons Holdings (“A.S. Bryden”), a leading consumer products distributor in Trinidad. Subject to regulatory approvals and other customary closing conditions, the transaction is expected to be completed by May 31, 2022.
A.S. Bryden will continue to operate as an independent, standalone company and its subsidiaries: A.S. Bryden & Sons (Trinidad) Limited, Bryden pi Limited, and F.T. Farfan Limited, will continue to be managed by their existing executive teams. Richard Pandohie, the Chief Executive Officer of Seprod, will serve as interim Group Chief Executive Officer of A.S. Bryden.
For further information, visit www.jamstockex.com
Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view(s) expressed by that research analyst in this research report.
Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.