INDEPENDENCE AGENCIES LIMITED
55.12% owned by Caribbean Distribution Partners
(a 50/50 JV between Agostini’s Limited and Goddard Enterprises Limited)
T. D. Shuffler - Chairman
K.P. Sylvester - CEO / Director
C. B. Sylvester - Director
A. J. Agostini - Non Exec Director
R. Rajkumarsingh - Non Exec Director
K.A. Joseph - CFO / Company Secretary
INDEPENDENCE AGENCIES LIMITED Independence Agencies Limited was established in October 1973 by C.K. Ralph Sylvester. The company consisted of C.K. Sylvester as Managing Director, his son Ken, and Richard Smith who operated a sales van.
Some of the first suppliers that the Company represented were Akafa, who supplied DANO powdered milk, British American Tobacco, Becks and Orange boom beer from Holland, Mc Callum’s whisky from the UK and matches from Swedish Match. The company also imported rice,flour and sugar in bulk from Canada, USA and Guyana respectively.
By 1985, the company relocated to a larger location with more warehouse space and chill room facilities to allow for storage of bigger brands like Anchor cheese and butter from New Zealand and Alaska condensed milk from Holland. In 1988, the Empire cinema building was purchased and renovated to be the new location of the Head Office and warehouse. Brian Sylvester, a younger son of the founder joined the company then as a new addition to the management team.
In 1994 another building was purchased in Grand Anse,which was renovated and CK’s Super Valu Cash and Carry was opened the following year. By the end of 1995 the company purchased another portion of land on the Maurice Bishop Highway and constructed a warehouse building.In 2000, the company was approached by Goddard’s Enterprises of Barbados. The shareholders at that time agreed to sell 51% of the shares to Goddard’s.
In September 2004, the Head Office in St. George’s was destroyed by Hurricane Ivan and the entire operation had to be relocated into the C.K.’s Super Valu Building. Within two years a new Head Office was opened on the Maurice Bishop Highway. Today, Independence Agencies is one ofthe leading distributors in Grenada with one of the widest ranges of world-renowned brands.
Goddard’s had acquired another 4% taking their holding to 55.12% by the time IAL was brought into the Caribbean Distribution Partners joint venture in July 2015.