Farfan and Mendes and Canadian company Crosbie yesterday formally announced their partnership.
An advertisement in the Stabroek News said that effective January 1 this year, the companies completed an investment in a new company, Farfan and Mendes Limited, a Crosbie Member Company.
Under the terms of the agreement, the Newfoundland and Labrador-based Crosbie will be a 49% shareholder and Farfan and Mendes will be a 51% shareholder in the new company.