Agostini's Limited completed the acquisition of Health Brands Limited from Athol Smith and Kolleen Russell.
Agostini's Limited completed the acquisition of Health Brands Limited from Athol Smith and Kolleen Russell for approximately $140 million on August 1, 2023. All conditions precedent for the acquisition of Health Brands Limited in Jamaica have now been met and the acquisition was completed. Transaction was financed partially by Agostini?s Limited and a long-term loan from The Bank of Nova Scotia Jamaica Limited for $119.9 million.