Derrimon Trading Company Limited Expands Retail Outlets

Posted: March 17, 2017 at 8:25 am

Derrimon Trading Company Limited (DTL) has advised as part of their Five Years Strategic Plan, the following:

  • The establishment of a Joint Venture Company for the acquisition of the assets of Caribbean Home Entertainment Systems, the former operators of Carihome Supermarket at Shop # 15 at Upper Manor Park, St. Andrew. The negotiations have not been fully finalized, however, in the interim, a five-year lease has been secured with Jamaica Property Company Limited, the owners of the facility. The facility is being refurbished and will operate under the Select Grocers brand.
  • The Company has signed an agreement with Chris Ryan Limited, the operators of Empire Supermarket at 1-3 Retirement Road for the purchase of the assets of that Company. The business will be rebranded under the Sampras brand.

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