Radar > 225521

GraceKennedy to start investments through GK Capital Management

GraceKennedy iniciará inversiones a través de GK Capital Management

Intel ID : 225521
Synopsis

GraceKennedy (JSE:GKC), a Jamaica-based food company, announced it will invest in companies from sectors it does not explore, through its venture capital firm GK Capital Management, as reported by Jamaica Gleaner in an article published on 22 May 2015.

According to company's CEO, Don Wehby, the investment company will invest mainly in minority stakes in companies or specific projects.
(content in spanish)

GraceKennedy (JSE:GKC), empresa jamaicana enfocada a la industria alimentaria, ha anunciado que invertirá en compañías de sectores no explorados por la entidad a través de su firma de venture capital GK Capital Management, según ha reportado Jamaica Gleaner en un artículo del 22 de mayo de 2015.

Según el CEO de la entidad, Don Wehby, la empresa de inversión tomará principalmente capitales minoritarias en empresas o proyectos específicos.

Bidder

Ultimate Owner (Buyer)


Intel ID 225521
Value ND
Native Currency US Dollar (USD)
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Date
Country
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Industry / Food (Primary)
Services and Distribution / Financial and Insurance
Real Estate and Construction / Construction (Materials and Machinery)
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Secondary Sectors (TTRSC)
15.07.09 Processed & Packaged Foods
15 Consumer Products & Services / 15.07 Food

25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

55.03.01 Aggregates & Other Raw Construction Materials
55 Raw Materials & Natural Resources / 55.03 Construction Materials

Country
Website
Description

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.