A.S. BRYDEN & SONS HOLDINGS LIMITED LISTED ON JSE

(Left to right) Alex Johnson, Manager, Origination and Structuring NCB Capital Markets; Nicholas Scott, Member of The Board, Seprod Group; Andre Gooden, Manager, Group Business Development, Jamaica Stock Exchange; Richard Pandohie, CEO, The Brydens Group; Alexander Marston, Group Project Manager, Mussons Group; Damion Dodd, Chief Financial Officer & Corporate Secretary, Seprod Group.

PORT OF SPAIN, Trinidad – November 10th, 2023. A.S. Bryden & Sons Holdings Limited (“A.S. Bryden”) today, in a ceremony held at the Jamaica Stock Exchange, successfully listed its existing shares on the market. The Group’s intent at this time is not to raise capital but to be in a position to access capital when needed.

Alexander Marston, Group Finance Manager, Mussons Group (Parent Company of Seprod) with Nicholas Scott, Member of The Board, Seprod Group pointing to the A.S. Bryden & Sons Holdings insertion strip.

In his remarks, CEO Richard Pandohie urged interested investors to be patient as big plans are loading, “The Group will be doubling down in creating synergistic value; we are in the process of building out a US$30M warehouse in the center of Trinidad. We are expanding our Guyana and Barbados footprint and since acquisition we have expanded our workforce from 1,263 to 1,565 persons a clear signal for a growth agenda.”

Richard Pandohie, CEO of The Brydens Group, at the listing ceremony at the Jamaica Stock Exchange.

The CEO also stated that 54% of the employee workforce chose to buy shares in the Group, which is a huge positive indicator and “they will work tirelessly to endorse this vote of confidence in the vision.”

In a release date October 31 2023, P.B. Scott, Chairman of A.S. Bryden said, “Becoming a publicly listed company is a fitting way to commemorate A.S. Bryden’s 100 years in business. Listing on the largest, most active stock market in the Caribbean will create greater opportunities for the company, its employees and its shareholders and reflects the regional scope of our business.”

(Left to right) Alex Johnson, Manager, Origination and Structuring NCB Capital Markets; Alexander Marston, Group Finance Manager, Mussons; and Damion Dodd, Chief Financial Officer & Corporate Secretary, Seprod Group.

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Note to the Editor

About A.S. Bryden
A.S. Bryden is one of the largest distributors of fast-moving consumer goods in Trinidad and Tobago. It represents global food, liquor, pharmaceutical, hardware, houseware and industrial equipment brands, and manufactures products under its own brands. A.S. Bryden has a large market share in Trinidad and Tobago with a growing presence in Barbados and Guyana.

A.S. Bryden operates through four principal operating subsidiaries: A.S. Bryden & Sons (Trinidad) Limited, Bryden pi Limited, F.T. Farfan Limited, and Micon Marketing Limited.

Founded in 1923, today A.S. Bryden has over 1,400 employees and generates revenues in excess of US$245 million. Based on revenue, A.S. Bryden is one of the largest consumer goods companies in the English-speaking Caribbean. In June 2022, the Company was acquired by Seprod Limited and its co-investors.

A.S. Bryden & Sons (Trinidad) Limited distributes food, hardware and housewares and premium beverages for international principals and their brands including Mondelez, Moët-Hennessy, Diageo, Red Bull, Whirlpool, Rubbermaid, Truper, Reynolds, Grupo Nutresa, Black & Decker, LG, KitchenAid, Oster and Speed Queen. A.S. Bryden & Sons (Trinidad) also owns the Eve brand of products.

Bryden pi Limited distributes healthcare, personal care, and food and grocery products for international principals and their brands including Kimberly Clark, Mead Johnson, Baxter, Roche, GlaxoSmithKline, L’Oreal, Novartis, Sanofi and Sandoz. Bryden Pi also manufactures a line of over the counter products through its wholly owned subsidiary Genethics and operates in Guyana through its subsidiary Bpi Guyana Inc. and in Barbados through its joint venture Armstrong Healthcare Inc.

F.T. Farfan Limited is an industrial supply, service, and rental company that serves leading international brands including Stihl, JCB, Castrol, Cummins, Lincoln Electric, and Shacman. F.T. Farfan operates in Trinidad and in Guyana through its subsidiary Icon Guyana.

Micon Marketing Limited is a mid-sized distributor of fast-moving consumer goods in Trinidad and Tobago with a smaller presence in St. Vincent through its subsidiary Facey Trading St. Vincent Limited.  Micon represents global brands in Trinidad and Tobago including Unilever, Supligen, Lucozade, Ribena, Nestle, Fermipan, Breeze, Quix, Welch’s, and Gold Seal Flour.