Just days af­ter cel­e­brat­ing its 100th an­niver­sary, AS Bry­den & Sons Hold­ings Ltd is due to em­bark on a new phase of its de­vel­op­ment when it is list­ed on the Ja­maica Stock Ex­change (JSE) lat­er this month.

Last Fri­day, the Bry­dens group marked its 100th An­niver­sary with a spe­cial cel­e­bra­tion for its em­ploy­ees. Decked out in an­niver­sary po­los, Bry­dens’ staff got to­geth­er at the com­pa­ny’s San Juan com­pound to ring in the cen­ten­ni­al mile­stone with food, drink and prizes.

Yes­ter­day, an ex­ec­u­tive of the com­pa­ny con­firmed that the group is due to be list­ed on the JSE on No­vem­ber 10.

In ac­cor­dance with the list­ing re­quire­ments of the JSE, Bry­dens pub­lished an abridged state­ment, out­lin­ing the full name of the com­pa­ny, its reg­is­tered of­fice, the name of its au­di­tors (Ernst & Young), its bankers (Sco­tia­bank) and its JSE spon­sor­ing mem­ber (NCB Cap­i­tal Mar­kets).

The abridged state­ment al­so dis­closed that the Bry­dens group re­port­ed $1.18 bil­lion in turnover for the six-month pe­ri­od end­ing June 30, 2023. The group’s af­ter-tax prof­it was $56.36 mil­lion.

The state­ment al­so dis­closed

In last week’s cel­e­bra­tions, the group’s top ex­ec­u­tives point­ed to greater ex­pan­sion and growth over the next 100.

“Reach­ing such a tremen­dous mile­stone re­flects the dri­ve and pas­sion of the peo­ple in the Bry­dens Group, who col­lec­tive­ly serve hun­dreds of thou­sands of cus­tomers every year,” said Richard Pan­do­hie, Se­prod and Bry­den’s Group Chief Ex­ec­u­tive Of­fi­cer.

“Our em­ploy­ees are the heart of the or­gan­i­sa­tion, em­body­ing the cus­tomer-first, peo­ple-cen­tred ap­proach for which Bry­dens is known and loved. On this ma­jor an­niver­sary, we want­ed to show ap­pre­ci­a­tion to all of the tal­ent­ed peo­ple who have con­tributed to our suc­cess,” the Bry­dens Group CEO stat­ed.

And Bry­dens Group Deputy Chair­man, Michael Cony­ers, as­sert­ed: “We con­tin­ue to be a for­mi­da­ble dis­tri­b­u­tion part­ner of choice for in­ter­na­tion­al brands and, as we ex­pand our foot­print be­yond our lo­cal shores, we are con­fi­dent that our rep­u­ta­tion for trust and in­tegri­ty will open new re­gion­al growth op­por­tu­ni­ties for us.”

The Bry­dens Group Sub­sidiaries in­clude:

●   A.S. Bry­den & Sons (Trinidad) Lim­it­ed – dis­trib­u­tor of in­ter­na­tion­al­ly renowned brands in the fol­low­ing cat­e­gories: (i) Pre­mi­um Bev­er­ages, (ii) Food & Gro­cery (iii) Hard­ware & House­wares

●   Bry­den pi – a re­gion­al dis­trib­u­tor of food, phar­ma­ceu­ti­cal, and health care items

●   F.T. Far­fan – a sup­pli­er of high-qual­i­ty brands in Agri­cul­ture, Au­to­mo­tive, Con­struc­tion, Man­u­fac­tur­ing, Min­ing & Quar­ry­ing, and Ma­rine In­dus­tries

●   Fran­co Trad­ing & Dis­tri­b­u­tion Lim­it­ed – a light man­u­fac­tur­ing and co-pack­ing en­ti­ty

●   Mi­con Mar­ket­ing – a dis­trib­u­tor of food & gro­cery, bak­ery, and house care prod­ucts.

 Bry­dens was ac­quired in June 2022 by the Se­prod Group of Ja­maica.