GraceKennedy acquires 49% stake in Majesty Foods joint venture

Grace Foods (USA), a subsidiary of GraceKennedy Limited, will acquire a 49% equity stake in a new joint venture company, Majesty Foods, a Florida-based manufacturer of patty and empanada products. Grace Foods will also outsource its current factory operations to Majesty Foods.

“Grace Foods (USA), Inc. a company owned by GraceKennedy Limited, said it will be acquiring a 49 per cent equity stake in a new joint venture company, Majesty Foods.”stabroeknews.com

• 1 source
• stabroeknews.comGrace acquiring 49% stake in US patty company - Stabroek NewsDec 8, 2018

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