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JB Foods to dispose of New Jersey property for $24.3 mil

Felicia Tan
Felicia Tan10/28/2021 8:36 AM GMT+08  • 1 min read
JB Foods to dispose of New Jersey property for $24.3 mil
The property was purchased in 2014 by JB Foods with the intention to develop it into a factory building.
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JB Foods’ wholly-owned subsidiary, JB Cocoa EBNJ LLC, has proposed to dispose of its property in New Jersey in the US for US$18 million ($24.3 million).

JB Cocoa EBNJ, on Oct 27, entered into a sale and purchase agreement (SPA) with an independent third party buyer, Evox Holdings.

Under the agreement, Evox will purchase the property located at 9 Cotters Lane, East Brunswick, New Jersey.

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