Stansfeld Scott Inc.

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Posted 7th March 2024

A.S. Bryden acquires control of Stansfeld Scott Barbados

Stansfeld Scott (Barbados) Limited (“SSB”) today announced that its shareholders have sold controlling interest in SSB to A.S. Bryden & Sons Holdings Limited, Trinidad (“A.S. Bryden”). Brian Cabral, Jayshree Kessaram and Indra Cabral will retain a minority interest in SSB and Mr. Cabral and Ms. Kessaram will remain as Directors.

Tags: barbados

Stansfeld Scott (Barbados) Limited (“SSB”) today announced that its shareholders have sold controlling interest in SSB to A.S. Bryden & Sons Holdings Limited, Trinidad (“A.S. Bryden”). Brian Cabral, Jayshree Kessaram and Indra Cabral will retain a minority interest in SSB and Mr. Cabral and Ms. Kessaram will remain as Directors, working closely with the A.S. Bryden team to ensure a smooth transition for employees, customers, and suppliers.

Stansfeld Scott Barbados, founded in 1935, was acquired in 1978 by the Cabral/Kessaram trio and has flourished under their management into a prominent distributor of wines, spirits and consumer health products in Barbados. In 1998 they expanded into retail and today Wine World is the leading wine & spirits specialty retailer in Barbados, with stores in key commercial locations.

Beyond Barbados, the company expanded its reach regionally under Stansfeld Scott International (SSI) an affiliate company, headquartered in Tampa Florida which is not part of this transaction. SSI is a leading Supplier of wines & spirits and consumer healthcare products across the Caribbean, Mexico and Central America and also a primary supplier to SSB in Barbados.

A.S. Bryden, also originally founded in Barbados, is a leading distributor of an outstanding portfolio of international brands and fast-moving consumer goods in Trinidad. A.S. Bryden Trinidad was acquired by Seprod Ltd., a member of the Musson Group of Jamaica in 2022. The Musson Group is a diversified holding company with investments in distribution, manufacturing, agribusiness, information technology and insurance, across the Caribbean, Central America and Asia Pacific.

Brian Cabral, outgoing Chairman of SSB, said, “Over the past 47 years, we have worked diligently with a talented and motivated team to reestablish this company to become a leading and respected distributor and retailer in Barbados and the wider Caribbean. We are proud of what we have achieved but given the passage of time it is now necessary to pass the baton to a like minded group that can take our Barbados operation to new heights. In A.S. Bryden, the Musson Group and their Chairman P.B. Scott, we are confident we have found the right partner who will add value to the organisation and create new opportunities for our team and business partners.