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...The integration of the Derco acquisition has proceeded smoothly, deepening Inchcape’s footprint in the fast-growth Americas region....
...Global car distributor Inchcape on Thursday reported a 50 per cent rise in half-year profits to £184mn and announced it would buy Latin American business Derco for £1.3bn....
...“It’s a bloodbath,” says Ago Dermenjian at Derco Foods, a California-based nut trader. Almond prices have risen since 2009 on the back of the overall popularity in treenuts....
...Ago Dermenjian at Derco Foods, a California-based nut trader said: “The mountains in California have no snow, ski resorts are closed, reservoirs that should be brimming barely have water . . . how will this...
...“If we don’t get rain this autumn and winter, we’ll be in serious trouble,” said Ago Dermenjian at Derco Foods, a California-based nut trader....
...Nut exporters note a drop-off in demand in China and India this year due to the higher prices, says Ago Dermenjian at Derco Foods....
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