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GraceKennedy mourns loss of Roberto Espat Snr; Key pioneer in Belize business growth

Posted: Saturday, January 6, 2024. 7:07 am CST.

By Horace Palacio: In a heartfelt statement sourced from Jamaica Loop News, GraceKennedy Ltd (GK) has expressed its profound condolences on the recent passing of Roberto Espat Snr, a pivotal figure in the company’s expansion into Belize.

Espat is remembered by GK as a key figure in the founding and development of GK (Belize) Ltd. His contributions have been crucial to the company’s success in the region. GK revealed that their journey in Belize began 42 years ago, marking the start of a prosperous joint venture between the multinational conglomerate and the Espat family, under the leadership of Roberto Espat Snr.

The company also recognized the instrumental role of Rafael Diaz, the then chief financial officer (CFO) of GK Ltd and a native of Belize, in launching this successful business venture.

In a notable transition in 2012, GK (Belize) evolved into a wholly-owned subsidiary of GraceKennedy Ltd. Despite this change, the enduring partnership with the Espat family has continued to flourish, extending into various other business collaborations.

GraceKennedy Group CEO, Don Wehby, reflected on Espat’s immense impact, stating, “The legacy of Roberto Espat Snr will forever be intertwined with the success and growth of GraceKennedy (Belize) Ltd, and his contributions will be remembered with gratitude. Our thoughts and prayers are with the Espat family during this difficult time.”

Espat’s passing is not only a profound loss for the Espat family but also signals the end of a key period for GraceKennedy in Belize, underscoring the enduring influence of his leadership and vision in the business sector and beyond.

 

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