Barita acquires 20% stake in Derrimon Trading

General Manager of Barita Investments Paula Barclay.
Barita Investments Limited now owns 20 per cent of the issued and outstanding common shares of Derrimon Trading Limited (DTL).
The minority stake acquisition sees Derrimon becoming an associate company of Barita Investments Limited, Barita advised in a notice via the Jamaica Stock Exchange on Friday.
Derrimon is the owner and operator of the Sampars and Select Grocers supermarkets, among other holdings in the local and US markets.
“At Barita, we continuously seek out unique strategic opportunities to build shareholder value while balancing the interests of our clients, team members, and other key stakeholders," said Paula Barclay, General Manager of Barita Investments. 

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