GraceKennedy Ltd - Company Profile

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GraceKennedy Ltd (GraceKennedy) is a provider of food products and financial services. The company’s financial services include commercial banking, insurance brokerage, general insurance, remittance, investment banking, payment services and cambio operations. It also manufactures and distributes food items such as canned vegetables, beverages, sauces, cereals, meat. GraceKennedy offers products under Grace brand and other third-party brand. It distributes products through a network of business units including Grace Foods and Services, World Brands Services, and Consumer Brand Limited and retail unit Hi-Lo supermarkets. The company has business operations across Jamaica, the US, the UK, Canada, Africa, and other Caribbean and European countries. GraceKennedy is headquartered in Kingston, Jamaica.

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Headquarters Jamaica

Address 42-56 Harbour Street, Kingston


Telephone 1 876 9223440

No of Employees 2,080

Industry Consumer Packaged Goods

Ticker Symbol & Exchange GK (JAM)

Revenue (2022) $942.0M 10.5% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -14.2% (2022 vs 2021)

Market Cap* $481.1M

Net Profit Margin (2022) XYZ -22.3% (2022 vs 2021)

* As of and is in US$
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GraceKennedy Ltd premium industry data and analytics

30+

Product Launch Analytics

Analyze latest product launches for innovation and product strategies.

10+

Consumer Market Data Insights

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1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for GraceKennedy Ltd (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on GraceKennedy Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Canned Vegetables Banking and Investment: Grace
Beverages Investment Management
Sauces Banking
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Acquisitions/Mergers/Takeovers In November, the company acquired 100% stake in Unibev Limited.
2023 Acquisitions/Mergers/Takeovers In April, the company acquired Scotia Insurance Caribbean Limited from The Bank of Nova Scotia.
2023 Acquisitions/Mergers/Takeovers In February, the company acquired an additional 35% stake in Catherine's Peak Bottling Company.
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Competitor Comparison

Key Parameters GraceKennedy Ltd National Commercial Bank Jamaica Ltd Seprod Limited Jamaica Producers Group Ltd Salada Foods Jamaica Ltd
Headquarters Jamaica Jamaica Jamaica Jamaica Jamaica
City Kingston Kingston Kingston Kingston Kingston
State/Province - Kingston - - -
No. of Employees 2,080 - 261 1,534 8
Entity Type Public Private Public Public Public
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Executives
Name Position Board Since Age
Gordon Valentine Shirley Chairman Executive Board - -
Don Wehby Director; Chief Executive Officer Executive Board 2011 -
Andrew Messado Director; Chief Financial Officer Executive Board 2019 -
Gail Moss Solomon Chief Corporate Secretary; General Counsel Senior Management - -
Andrea Coy Chief Executive Officer - GK Foods International Business Senior Management 2014 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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