The Hurley’s Group is offering up Cayman Imports for sale in preparation for the retirement of group CEO Leonie Ebanks.
The sale of the food service distributor won’t significantly affect the group’s other companies, including Hurley’s supermarket, said managing director Randy Merren.
Mr. Merren said the vast majority of Hurley’s products come from a United States distributor, and the remainder comes from a variety of sources. Hurley’s does purchase a relatively small selection of goods from Cayman Imports, for example, some deli items.
According to the Cayman Imports website, the distributor’s products include McCormick, Dole, Otis Spunkmeyer and Heinz.
Mr. Merren said none of the other Hurley’s Group companies are for sale.
According to an advertisement that ran in the Caymanian Compass, the Cayman Imports sale includes “prime real estate on Grand Cayman including: offices, warehousing, land”; “inventory of non perishable food and beverages”; “receivables”; “fleet of delivery trucks”; and “office equipment, furniture, warehouse fixtures and fork lift trucks”.
Company founder Hurley Merren started working with Lacsa Airlines in 1966, using the opportunity to begin importing small shipments of fruits and vegetables. In 1972, Hurley Merren resigned from the airline to work for what had become Cayman Imports. He opened Hurley’s Meat Market, and then opened Hurley’s Supermarket in Eden Centre in 1986. He died in 1997.
At that time his widow Leonie – now Mrs. Ebanks – took over as group CEO.