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The Du Boulay family has refuted reports that seem to suggest that they sold the local Coke-bottling company for US$750,000.
The family said the article published under the caption: “CPJ pays US$750,000 for Coke bottling plant in St. Lucia”, is a misrepresentation of the facts and has caused major embarrassment for all parties involved.
“We were, to say the least, dumbfounded and dismayed to learn of this ridiculous, erroneous and misleading publication in the Jamaica Observer. DBC is a wholly family-owned company with no outside shareholders or interests whatsoever. At no time have we ever discussed or entertained any discussion pertaining to any transaction of such a nature with anyone.”
The family company said it is shocked to learn of this “fictitious” and “embarrassing” publication which has caused unwarranted concern to suppliers, customers and fellow St. Lucians.
“We wish to assure the public that there is no truth or merit in this article and, that as we speak our lawyers are in the process of dealing with this matter and initiating whatever action necessary to remedy this ugly situation,” the company said.
CPJ (Jamaica) has not purchased an interest in the Du Boulay family share, nor has it acquired Du Boulay’s Coca Cola bottling plant. One of the directors of the Du Boulay Company told St. Lucia News Online today: “We have no intention to sell, that is totally out of the question.”