Wisynco to distribute JP Snacks

An announcement is set for today, that the  Wisynco Group has picked up the distribution of certain Jamaica Producers’ products.
A check with a spokesperson for Wisynco indicated that they could not confirm the distribution agreement. It is unclear whether the new distribution agreement is only for the Jamaican market or if it includes other markets as well.
Other sources had indicated the distribution was for Tortuga Rum Cake Jeffery Hall, Managing Director of Jamaica Producers 62 percent shareholders in Tortuga International Holdings manufacturers of the rum cake, told IC Insider.com that the distribution of Rum cake remains with Select Brands who have indebt knwoledge of the market for the Rum Cake. Tortuga International had revenues of $879 million in 2018 according to the group’s audited accounts. The link up with Wisynco would be expected to drive growth for the product that suffered a slight fall in revenues in 2018 compared to 29017.
Wisynco confirmed that the company are now distributors of packaged sugar for the Pan Caribbean sugar company in Frome as well as Appleton Sugar factory. Seprod is also said to be co distributors as well for the pacaked Appleton sugar.

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