Seprod Announces Agreement To Acquire A.S. Bryden

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Seprod Announces Agreement To Acquire A.S. Bryden

Seprod Limited today announced it has reached an agreement to acquire A.S. Bryden & Sons Holdings to create the leading integrated manufacturing and distribution group in the Caribbean.

Together Seprod and A.S. Bryden, with a team of close to 3,000 employees, will serve the world’s leading food, pharmaceutical, premium beverage, hardware and industrial companies, with an expanded portfolio of their own manufactured brands.

Combined annual revenues are projected to be in excess of US$500 million.

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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.

Chief Executive Officer of Seprod, Richard Pandohie, will serve as interim Group Chief Executive Officer of A.S. Bryden.

Subject to regulatory approvals and other customary closing conditions, the transaction is expected to be completed by May 31, 2022.

 

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