Salada Foods has changed its distributors to Lasco Distributors effective from the beginning of January this year. The company has not been happy with the happy in recent times with the manner in which the former distributors were executing task of distributing the company’s products.
Salada advised the Jamaica Stock Exchange that the distribution agreement between SAL and T. Geddes Grant (Distributors) Limited representing the Musson Group ended on December 31, 2013 and that on January 2nd, Lasco Distributors Limited was appointed Exclusive Distributors to distribute all the Salada branded products island-wide.
Salada manufactures and sell Mountain Peak Coffee, Jello and other hot beverage mixes and recently started the production and sales of the Roberts line of products.
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[…] by 471.73 points to close at 77,848.54 Gains| The only stock gaining in the main market is Salada Foods trading 58,800 shares and closing 70 cents higher at $8.70. Firm| The stocks in the main market to […]