The acquisition of cooking gas supplier IGL has concentrated around 80 per cent of the market in the hands of Massy Group, enough to raise concerns about market dominance, but Jamaica’s Fair Trading Commission, FTC, has decided not to object to the.
On February 1st 2023, the Massy Group will celebrate its 100th anniversary with Gervase Warner, President and Group CEO, Massy Group announcing a new global vision for the company.
“Consistent with its new vision, the Group and its portfolios are now setting their sights on global expansion. Having narrowed the Group’s focus to its three main portfolios in which the Group
MASSY Holdings has announced its intention to acquire IGL, using its Massy Gas Products Holdings subsidiary to effect the deal.
The Trinidad-based company said its board on Monday approved the ac.