Lasco Jamaica
LASCO Affiliated Companie (formerly LASCO Group of Companies) is a Jamaican holding company with operations in food products, financial services and distribution.
History
In 2004, the company started a factory in Plymouth, England to manufacture products for the West Indian community in the United Kingdom that they withdrew within two years.[1]
After lengthy litigation, Chin's ex-wife Audrey, a chartered accountant, was awarded 50% shares in the company. The marriage ended in 1994, but the ruling by the Judicial Committee of the Privy Council was not issued until October 1st 2007.[2]
In 2006, Lasco, which sells imported milk powder in Jamaica, unsuccessfully opposed the Jamaican Government's proposal to create a Dairy Development Board.[3]
Until 2008 they were the Official Distributors for Johnson & Johnson products in Jamaica.[4]
Company's structure
LASCO holds three companies:
LASCO Manufacturing, Limited
- LASCO Food Drink
- LASCO LaSoy Lactose-free
- LASCO Whole Milk
- LASCO Skimmed Milk
- iCool water, flavoured water and juice drinks
- LASCO MilkySoy
LASCO Distributors, Limited
- LASMED
- LASCO Food Drink
- Lasoy Lactose Free
- Milky Soy
- Cereals
- iCool
- LASCO Mixed vegetables
- BabyYum
- Curves
Lasco Financial Service Limited
- Lasco MoneyGram (money transfer service), agent for MoneyGram
Pharmaceuticals
- Lasco Vitamins
- Lasmed brand drugs for HIV and Diabetes
- Authorized Representative and Distribution for many pharmaceutical houses around the world
Consumer products
- Edibles: team vegetables, corned beef, sauces, juices, breakfast cereals, crackers, pastas
- Cleaning products: detergents, disinfectants
- Personal care: deodorants, toothpastes, soaps, baby / and adult diapers
Lasco Barbados
- Distribution of pharmaceuticals, edibles and personal care products
- Representative of pharmaceutical houses
References
- "Lasco quits UK manufacturing". Jamaica Observer. April 26, 2006. Archived from the original on May 13, 2007. Retrieved 2008-04-22.
- Gayle, Barbara (October 25, 2007). "Audrey gets half - Privy Council says shares in Lasco to be divided equally". Jamaica Gleaner. Archived from the original on January 12, 2008. Retrieved 2008-04-22.
- Rose, Dionne (March 18, 2006). "Gov't defends position to revive dairy industry". Jamaica Gleaner. Archived from the original on January 15, 2010. Retrieved 2008-04-22.
- Richardson, Julian (April 9, 2008). "'07 Business Leader takes over Johnson & Johnson distributorship". Jamaica Observer. Archived from the original on 2008-04-13. Retrieved 2008-04-22.