A.S. Bryden & Sons Holdings Limited (ASBH) today announced that it has purchased a 50% interest in Armstrong Agencies Limited (AAL) creating a partnership between the two companies. This transaction was carried out through ASBH’s subsidiary in Barbados, Retail Acquisition Company Limited (RACL), which also owns Stansfeld Scott (Barbados) Limited. In the transaction, RACL is both injecting additional
capital into AAL to support future growth and purchasing shares from its existing shareholders.
Armstrong Agencies Limited is a premier Barbadian distributor representing global brands across the food, beverage, confectionery, personal care, and pharmaceutical sectors. The family-owned enterprise has served the local market for over three decades.
“This investment marks a significant milestone in our strategic vision for regional expansion,” said Richard Pandohie, CEO of The Brydens Group. “Armstrong Agencies is a highly respected company with a deep-rooted presence in the Barbadian market. This partnership strengthens our portfolio and allows us to build upon our shared values and commitment to delivering quality products and services to the Caribbean.”
This agreement formalizes a long-standing relationship between ASBH and AAL, which previously saw the two entities jointly own and operate Armstrong Healthcare, an affiliate of Bryden pi in Barbados. This strategic investment is designed to enhance the existing partnership and enable ASBH to broaden its footprint in the Barbadian market by introducing the full range of its product portfolio.
“We are thrilled to embark on this new chapter with A.S. Bryden & Sons Holdings,” said Christopher Lambert, CEO of Armstrong Agencies Limited. “Their history of success and commitment to excellence aligns perfectly with our own. This collaboration ensures the continuity of our legacy while providing the resources and expertise needed to achieve new levels of growth and innovation. We are confident that this partnership will be a great benefit to our customers, suppliers, and employees.”
AAL’s current leadership and operations team will remain in place, ensuring business continuity and a smooth transition. The acquired business will fall under the purview of Rakeesh Bernard, who serves as the CEO of the Barbados Business Unit for The Brydens Group.