Lawrence Duprey's CL Financial Group created a holding company, CL Spirits Ltd, for its acquisition of Lascelles de Mercado. The deal at close to US$900 million and at US$9.25 a share was the largest seen in the Caribbean.
CL Spirits is 100 per cent owned by CL Financial, which now holds 86 per cent of Lascelles. Lascelles produces US$2 billion in net income annually.

CL Financial also paid US$41.37 million to (J$3 billion) to the owners of Jamaica Money Market Brokers to purchase the Jamaican company’s 45 per cent stake in Caribbean Money Market Brokers. The group of more than 70 companies in 32 countries include:

Banking and financial services
• Caribbean Money Market Brokers (CMMB)
• Clico Investment Bank
• Clico Mortgage & Finance Corporation

Energy and petrochemicals
• Clico Energy Company Ltd
• Methanol Holdings (Trinidad) Ltd
• Primera Oil & Gas Ltd
The CL Financial Group owns and operates a methanol plant in Oman and is seeking to establish two more plants in Saudi Arabia and Qatar.

Forestry and agriculture
• Caribbean Resources Ltd
• Clico Agricultural Development Company
Caribbean Resources Ltd is one of the three largest timber operations in Guyana. It holds the logging concession to more than one million acres of forest. Clico Agricultural Development Inc holds more than 2,000 acres of sugarcane fields and other vegetable crops in Barbados making it the second largest farm Group in Barbados.

General insurance
• Colonial Fire & General Insurance Company Ltd
• Clico International General Insurance Ltd (Barbados)

Life insurance
• British American Insurance Company Ltd
• British Fidelity Assurance Ltd
• Clico Holdings Barbados Ltd
• Clico International Life Insurance Ltd
• Clico Life and General Insurance Company (SA) Ltd (Guyana)
• Colonial Life Insurance Company (Trinidad) Ltd

Manufacturing, retail and distribution
• Angostura Holdings Ltd
• Chateauonline SA
• Flavorite Foods Ltd
• Repaire de Bacchus
• Tru Valu Supermarket Ltd
Marine services
• Mariner’s Haven

Media and communications
• IETV
• Ebony 104 FM
• Music Radio 97
• Radio 90.5 FM
• VA: A film and video production company

Medical services
• Health Net Ltd

Real estate development
• Clico Property Development Incorporated
• HCL Group of Companies

Associated companies
• Burn Stewart Distillers Ltd
• Caribbean Communications Network Ltd
• CL WorldBrands Ltd
• Republic Bank Ltd
• The Home Mortgage Bank