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Lasco Jamaica

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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

  1. ^ "Lasco quits UK manufacturing". Jamaica Observer. April 26, 2006. Archived from the original on May 13, 2007. Retrieved 2008-04-22.
  2. ^ 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.
  3. ^ 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.
  4. ^ 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.