Cargo Handlers acquires 30% stake in Buying House Cement

Cargo Handlers Limited has spent $100 million to acquire a 30% stake in Buying House Cement Limited, a cement importer based in Montego Bay, Jamaica. The deal takes effect on January 1, 2021.

“Having consistent supply is vital and, second, having another player even with 10 per cent of the market, is important to provide pricing stability.”past.jamaica-gleaner.com

• 1 source
• past.jamaica-gleaner.comCargo Handlers buys stake in Buying House Cement | Business | Jamaica GleanerDec 20, 2020

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