Grace Foods takes 49% stake in Majesty Foods

Grace Foods, owned by GraceKennedy, has taken a 49% stake in Florida-based Majesty Foods, forming a joint venture to expand in the US-Hispanic food market. Financial details were not disclosed.

“Caribbean food specialist Grace Foods, owned by Jamaican corporation GraceKennedy, has taken a 49% stake in Florida-based Majesty Foods”just-food.com

• 1 source
• just-food.comJamaica's Grace Foods pushes into new category in US after taking stake in Majesty Foods - Just FoodLeonie BarrieJan 17, 2019

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