Apart from GraceKennedy (GK) being one of the largest conglomerates in Jamaica and the wider Caribbean, it’s a company I dream of creating if I was supposed to build my own company. I wouldn’t make any changes because it’s that good of a company that’s poised to grow from strength to strength in the coming years.
GK is managed by, in my opinion, an excellent management team spearheaded by its Chief Executive Officer Don Wehby. Mr. Wehby has been the head of the company since 2011 and has turned the company into a massive conglomerate that keeps getting larger each year.
The company is mainly involved in the food and finance sectors. In my opinion, these are two of the greatest sectors a company can be a part of. One can’t go wrong with food or finance much less both. To be honest, most people can’t live or go through life without interacting with these two sectors. Personally, I’m looking forward to the continued growth of its financial arm, GraceKennedy Financial Group.
GraceKennedy is over 100 years old and recently became a US 1Billion Dollar (JMD 155 Billion) in revenue company. Its leaders aspire to grow this to 2 Billion and above in a few years. This is a tall task but possible nonetheless.
If we were to measure a successful company, it doesn’t get better than Gracekenndy, GK is now a benchmark for success. GK is that company I would buy and hold for generations or another hundred years and pass on ownership through the generations.
Disclaimer: This is not investment advice, this is just my personal opinion. Seek a professional financial advisor for investment advice.
