April 26, 2017

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Group History

Rich Past. Vibrant Future.

Group History

Meet our Three Visionaries

1881: George R. Alston

The history of the Group began with George R. Alston who founded Geo R. Alston and Company trading in the buying and exporting of local produce. He was instrumental in establishing companies which still form part of the ANSA McAL Group today – Trinidad and Tobago’s first match company Trinidad Match Company, Alstons Shipping, Trinidad Clay Products Ltd (now Alstons Building Enterprises Limited), Trinidad and Tobago Insurance Co. Ltd, Alstons Limited and Caribbean Development Co. Ltd – the brewing company of our world famous Carib beer.

1919: Charles McEnearney

Charles McEnearney is a Trinidadian Pioneer who successfully gained the franchise for the revolutionary Ford Motor car and formed Charles McEnearney & Company, now McEnearney Motors. This successful business venture led to others, until the business expanded into several ventures including – Burmac Ltd, electrical and household appliances, assembly of motor vehicles and appliances, business equipment and office systems – McEnearney Business Machines (MBM).

1969: Merger of Alstons & McEnearney

Four take-over bids ended in the merger of Alstons Ltd with Charles McEnearney and Co. Ltd, members of the worldwide Inch Cape Group. In 1972, the Group made its first entry into Barbados and acquired Stokes and Bynoe Ltd. In 1976, Charles McEnearney and Co. Ltd. acquired the minority shareholders of Alstons Ltd and established McEnearney Alstons Ltd.

1986 – Dr. Anthony N. Sabga – Chairman Emeritus (ORTT, CMT, Hon. LL.D (UWI)

Dr. Anthony N. Sabga came to Trinidad from Syria in 1930, and at the age of thirteen, worked in his father’s business. Being the visionary entrepreneur from an early age, he took his vision and in 1945 established Standard Distributors Ltd, which started as an agency and distributor business catering to the hardware, dry goods and foodstuffs trade. Soon, this successful company grew by leaps and bounds through astute joint venture agreements with Caribbean and UK partners in foodstuff manufacturing and retail appliance business.

In 1964, the holding company Anthony N. Sabga Limited was formed and was actively engaged in land development and investment. One of the earliest developments was the construction of the residential up- market Regents Gardens and Regents Tower. Soon after, the hugely successful ANSA Industries Ltd was established in 1965 to manufacture household appliances throughout the Caribbean. It achieved such phenomenal success, that the company won the Prime Minister’s Export Trophy in 1968.

Other companies were established with business operations in powdered milk packaging, high-grade furniture manufacturing (under the Bell Furniture label) and stationery products (Crown Industries). At age 63, Anthony N. Sabga purchased $30 million new stock units at par within the following three years, after two other major corporations had rejected this offer.

On November 26, 1992, the McEnearney Alstons Group formally adopted the name ANSA McAL, which reflects the present ownership structure of the Group in which ANSA is the majority stockholder.

Click here to see a more detailed timeline of the ANSA McAL Group History

ANSA McAL 125th Anniversary Commemorative Book