Reefer giant Seatrade spearheads takeover of Geest Line
World’s largest reefer operator and Jamaican Producers acquire UK to Caribbean specialist UK to Caribbean liner operator Geest Line has been bought by a joint venture led by reefer specialist Seatrade Group.
The Fareham, UK-based company has agreed to be purchased by an outfit formed by Seatrade together with food and logistics company Jamaica Producers Group (JP).
Geest Line will continue to operate independently after the deal while “looking for further opportunities to extend its trade”, the company said.
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