ANSA McAL Trading Ltd transitioning to ANSA McAL Distribution Inc
The Trinidad and Tobago-based ANSA McAL Group of Companies on Thursday announced its strategic decision to streamline its business operations in Guyana as a means to continue its path of a sustainable future and growth trajectory.
With effect from today, September 1, the distribution operations of ANSA McAL Trading Limited (Guyana) (AMTL) will transition to ANSA McAL Distribution Inc. (AMDI).
AMTL Managing Director Troy Cadogan explained that this shift will facilitate greater alignment with the strategic vision of the Group’s Distribution Sector, and will benefit all stakeholders in addition to making immeasurable contributions to Guyana’s economy.
“AMDI, as an independent entity, will add value to the already stellar portfolio of AMTL. We remain steadfast in our commitment to delivering products and brands to our wholesale and retail customers in the most efficient, cost-effective manner, supported by brand management at world-class standards,” Cadogan explained.
AMTL has been operating in Guyana for some 30 years as one of the largest and most prominent distribution companies in the country. It offers 95 per cent of the population a number of products spread across five major divisions – beverages, consumer products, Procter and Gamble, pharmaceuticals, and construction solutions.
The company will continue the operations of the Group with an emphasis on real estate development in Guyana.
According to the company’s statement, the ANSA McAL Group remains committed to the country’s continuous development through each business sector in which it operates. It notes that the company has made many contributions to the building and cultural landscape in Guyana. In this regard, AMTL has sponsored several cultural and sports events, including inter-country cricket, football, boxing and squash games, the Rupununi Rodeo, Bartica Regatta, motor racing, and activities during Amerindian Heritage Month.
In January, the Group had even adopted the steel pan ensemble, Parkside Steel Orchestra, donating some $1 million for their growth.
Meanwhile, the company in July disclosed its intention to acquire a stake in Bahamian Brewery & Beverage Company Limited (BBB), adding to its current portfolio of alcoholic products which include the brands Hennessy, Moet and Chandon, Bacardi and Heineken.
AMTL is located for expansion at Beterverwagting, East Coast Demerara (ECD), with two warehouses spanning over 26,000 square feet, a branch in Berbice, and partnerships in Essequibo. It otherwise holds operations in Grenada, Barbados, St. Kitts and Nevis, and the United States of America, as well as its base in Trinidad and Tobago.