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Nestlé announced on July 2 that it had begun a strategic review of its T&T operations as part of a wider global restructuring. The company said it is exploring several options for the dairy and juices business, including a possible sale. More than 200 workers are employed at its Valsayn facility along the Churchill-Roosevelt Highway.
Business Guardian reached out to several businesses following Nestlé’s announcement. While most said it was too early in the process to indicate whether they would be interested in acquiring the business, Richard Pandohie, the CEO of Seprod—the Jamaican conglomerate which is the parent company of T&T’s AS Bryden & Sons Holdings— and Hadco Limited group co-CEO John Hadad both said they would remain open to discussions if the opportunity arises.Pandohie said Seprod is familiar with Nestlé’s operations through previous business dealings.
“Nestlé is an excellent organisation and operation that we know well. We have worked with them on various projects,” he said.
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