The Gleaner
January 21, 2022

Derrimon acquires its first food manufacturing business

The Gleaner

Derrimon Trading Company has acquired the business and assets of Spicy Hill Farms, a Trelawny-based business that deals in the manufacturing of dried agricultural products, soup and spice mixes.

The new subsidiary will be the first food manufacturing company under the Derrimon group.

“But it may not necessarily change the arrangement we have with existing co-packers,” CEO of Derrimon Trading Derrick Cotterell told the Financial Gleaner.

Derrimon is largely engaged in the distribution of various foreign and local brands, as well as grocery retail through Sampar’s Cash and Carry and Select Grocers in Jamaica, and FoodSaver in New York. The group also owns a flavour manufacturing company, Caribbean Flavours and Fragrances Limited.