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St George’s College reign as champions of Refresh St George’s Cup Finals

St George’s College returned as champions at the 10th staging of The Refresh St George’s Cup which was held at Winchester Park on Sunday (August 7) where St George’s College emerged as the winners in total point standings at the end of the two-day tournament held on August 6 and 7.

The annual tournament saw its first staging in 2011 and returned on August 6 with a new title sponsor, Refresh Water, after a two-year hiatus due to the pandemic. This year’s competition featured four teams: St Andrew Technical High School, WIlliam Knibb High School, BB Coke High School and St George’s College who competed over the two-day tournament for a total in prize money of J$300,000 courtesy of Refresh Water.

Refresh Water Sponsors Return of St George’s Cup

Refresh Water has pumped $100,000 into the staging of the 10th St. George’s Cup football competition at Winchester Park, on August 6 and 7.

The tournament is making a return to the local football landscape after a two year hiatus due to the Covid-19 pandemic.

This year’s competition will feature St. Andrew Technical High School, Williams Knibb High School, BB Coke and the hosts St. Georges College.

Woodcats looks up the value chain

WOODCATS International, the Kingston-based producer of pallets, has set its sights on diversifying its product offerings “up the value chain” by next year while it is also keen on pushing its products in the export market.

Derrick Cotterell, managing director of Woodcats International, told the Jamaica Observer that the company is currently exploring a number of possibilities with lumber, outside of pallets. “If we are going to make more profits for the company, it will not be through pallets. There is no great profit on pallets.”

Derrimon mulls more foreign acquisitions

Derrimon Trading Group is on the hunt to acquire another business beyond Jamaica’s shores, a potential deal directly targeted at getting the company closer to its goal of having 50 per cent of revenues coming from foreign markets.

“We can’t say yet at this time. We are still looking,” CEO Derrick Cotterell told the Financial Gleaner this week, when asked about the new acquisition possibility.

For years during the early stages of its operations, the Derrimon Group had what Cotterell described as “minuscule” foreign revenue from original subsidiary Caribbean Flavours and Fragrances, but a refined focus on diversifying revenue flows began in 2021 with the acquisition of Brooklyn, New York, United States-based grocery businesses, FoodSaver New York and Good Food for Less.

Derrimon expands export portfolio with acquisition of Spicy Hill Farms

Derrimon Trading Company Limited, a local distributor of consumer goods, has acquired 100 per cent ownership of the Spicy Hill Farms brand. Based in Trelawny, Spicy Hill Farms manufacturers a range of seasonings, including the Jamaican Ram Goat Soup “Mannish Water”; Ram Goat Soup “Mannish Water”; Ram-It-Up “Curry Goat Booster”; Granulated Scotch Bonnet Pepper and …

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Derrimon Trading reports 39% increase in revenue to J$5 billion for 2021

Jamaican-listed distributor Derrimon Trading Company Limited recorded noteworthy growth for the year ended December 31, 2021, despite some of the negative economic challenges and the lingering effects of the coronavirus (COVID-19) pandemic affecting overall logistics and supply chain issues. The 12-month results for Derrimon Trading Company Limited registered consolidated revenue of J$17.744 billion, a 39 …

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Derrimon maintains growth

DESPITE having to navigate the hostile operating environment, Derrimon Trading Limited (DTL) said it continues to deliver consistent growth as it also increases value for shareholders. The food distribution company unscathed by the negative economic environment birthed by the challenges of the novel coronavirus pandemic or from continued supply chain disruptions, for its financial year …

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