The P.B. Scott-led Musson Group is acquiring the Jamaican operations of the global food giant NestlÈ that would end 75 years of continuous manufacturing in the island by the Swiss company, according to reliable sources.
An announcement could be as early as today, barring unforeseen circumstances in closing the deal, they said. However, neither Scott, Musson’s chairman, nor NestlÈ’s country manager Juerg Blaser, were immediately available for comment, while Musson Managing Director Michael Subratie declined to comment. It was not clear,
however, how the NestlÈ brand would be treated under the proposed acquisition, including whether the NestlÈ products would now be produced under licence by a Musson subsidiary.
Published in the Gleaner
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