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And The Winner Is... - Jamaica Observer

How Derrick Cotterell, chairman and group CEO, Derrimon Trading Company Ltd, selected the Best New (Local) Product:

Oji Jaja's Ashebre line of products: Smoked Scotch Bonnet Pepper Sauce and Blac. ....

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Derrimon eyes synergistic acquisitions in New York

Derrimon eyes synergistic acquisitions in New York
jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.

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Derrimon completes New York deals for US$8.9 million

Derrimon Trading chairman and CEO Derrick Cotterell.
Derrimon Trading Company Limited (DTL) has completed the transaction to acquire control of two New York-based food companies for US$8.9 million.
The company, in a notice via the Jamaica Stock Exchange (JSE) said it completed the transaction as a going concern on the terms set out in its announcement on January 8, 2021.
Derrimon has also advised that as of March 5, 2021, it redeemed all of its nine per cent cumulative redeemable preference shares due in 2021. To this end, it has applied to have the preference shares delisted from the JSE.
In January 2021, Derrimon Trading entered into the definitive agreement to acquire control of the Brooklyn-based operations of FoodSaver New York, Inc. (FoodSaver NY), a wholesale food distributor and Good Food For Less, LLC (Good Food NY), a speciality supermarket. ....

New York , United States , Brooklyn Terminal Market , Fragrances Limited , Foodsaver New York Inc , Derrimon Trading Company Limited , Woodcats International , Jamaica Stock Exchange , New York Based , Derrimon Trading , Foodsaver New York , Good Food For Less , Good Food , Saver New York , Sampars Cash , Select Grocers , Manor Park , Caribbean Flavours , Woodcats International Limited , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ப்ரூக்ளின் முனையத்தில் சந்தை , வாசனை திரவியங்கள் வரையறுக்கப்பட்டவை , ஜமைக்கா ஸ்டாக் பரிமாற்றம் , புதியது யார்க் அடிப்படையிலானது , நல்ல உணவு க்கு குறைவாக ,

Derrimon to pay up to US$9 million for New York companies

Derrimon Trading s chairman and CEO Derrick Cotterell (left) and a member of staff at one of the company s local facilities.
Derrimon Trading Company Limited says it has entered into an agreement to acquire control of a food distributor and supermarket in New York.
Led by CEO Derrick Cotterell, Derrimon has incorporated a New York subsidiary, Marnock LLC, which will acquire Brooklyn-based of FoodSaver New York Inc., a wholesale food distributor and Good Food For Less, LLC (Good Food NY), a specialty supermarket.
In a release issued on the Jamaica Stock Exchange (JSE) last week, Derrimon indicated that the consideration for these acquisitions would be in the form of both cash and shares with Marnock LLC issuing a 20 per cent minority interest to Oralcrys LLC, an entity beneficially controlled by the former owner-operator of those businesses. ....

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