← News Fri Nov 28, 2014 - 9:53 am - 0 comments

Caribbean Flavours says share sale designed to fast-track growth


CARIBBEAN Flavours & Fragrances (CFF) board members have explained that selling nearly half the company to Derrimon Trading would fast-track its growth.

The board, however, avoided listing specific growth targets over the medium term.

“It’s an investment. We are working with the team at CFF to grow the business,” stated Derrimon Trading founder and chief executive, Derrick Cotterell, who was officially appointed to the board at CFF’s annual general meeting on Wednesday at the Knutsford Court Hotel in Kingston. “We are learning the business and we see a lot of energy and synergies between the two firms which we can enhance, starting with the top line and then the bottom line.”

Published in the Jamaica Observer
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