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, and meat. GraceKennedy offers products under the Grace brand and other third-party brands. It distributes products through a network of business units including Grace Foods and Services, World Brands Services, and Consumer Brand Ltd, and retail unit Hi-Lo food stores. 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.
Headquarters
Jamaica
Address
42-56 Harbour Street, Kingston
Website
www.gracekennedy.com
Telephone
1 876 9223440
No of Employees
2,080
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
GK (JAM)
Revenue (2024)
$1.1B
7.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
8.1%
(2024 vs 2023)
Market Cap*
$444.2M
Net Profit Margin (2024)
XYZ
0.4%
(2024 vs 2023)
* As of and is in US$
GraceKennedy Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Canned Vegetables | Banking and Investment: |
| Sauces | Investment Management |
| Meat | Banking |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In December, the company signed an agreement to acquire Fonterra Co-operative Group Limited’s stake in Dairy Industries (Jamaica) Limited. |
| 2025 | Contracts/Agreements | In January, the company entered into an agreement to acquire the remaining 30% stake in Peak Bottling Company Limited from Spike Industries Limited. |
| 2024 | Contracts/Agreements | In May, the company along with Lynk partnered with Western Union to offer improved remittance services across Jamaica. |
Competitor Comparison
| Key Parameters | GraceKennedy Ltd | Seprod Limited | National Commercial Bank Jamaica Ltd | Salada Foods Jamaica Ltd | Jamaica Producers Group Ltd |
|---|---|---|---|---|---|
| Headquarters | Jamaica | Jamaica | Jamaica | Jamaica | Jamaica |
| City | Kingston | Kingston | Kingston | Kingston | Kingston |
| State/Province | Kingston | - | Kingston | - | - |
| No. of Employees | 2,080 | 261 | - | 8 | 1,534 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Gordon Valentine Shirley | Chairman | Executive Board | - | - |
| Don Wehby | Chief Executive Officer; Director | Executive Board | 2011 | - |
| Andrew Messado | Chief Financial Officer; Director | Executive Board | 2019 | - |
| Annette Morrison | Chief Human Resources Officer | Senior Management | 2024 | - |
| Andrea Coy | Chief Executive Officer - GK Foods International Business | Senior Management | 2014 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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