Kingston Wharves Limited, KWL, has announced its purchase of 27 per cent of Cargo Handlers Limited, CHL.
In a statement on Tuesday, KWL says the block purchase was of shares owned by Jane Fray who was a founding partner of CHL, along with Tony Hart and the Hart family who remain major shareholders in the company.
CHL has for over 40-years specialized in stevedoring, construction inputs and containerized cargo as well as baggage handling and provisioning for cruise vessels at the Port of Montego Bay.
CHL also holds strategic investments in logistics and distribution interests that use the cargo handling services of the Port of Montego Bay.
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