Derrimon Trading acquiring Caribbean Home Entertainment Systems assets

Derrimon Trading Company Limited (DTL) has established a joint venture company for the acquisition of the assets of Caribbean Home Entertainment Systems, the former operators of Carihome Supermarket at Upper Manor Park, St. Andrew.
This is part of the company's Five Year Strategic Plan.
The negotiations have not been finalised.
However, 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 also signed an agreement with Chris Ryan Limited, the operators of Empire Supermarket on Retirement Road, for the purchase of the assets of that company.
The business will be rebranded under the Sampars brand.

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