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The Antilles Group Limited

The Antilles Group Limited ("TAG") f/k/a Cool Petroleum, the licensed user of Shell brands in Jamaica, is an integrated downstream petroleum products business operating in the market. TAG is the exclusive distributor of Shell bulk fuels and Shell Lubricants. The Company is the largest fuel retailer by volume in Jamaica and also operates an extensive network of more than 50 service stations in the country under the prestigious Shell brand. TAG also markets to companies that benefit from purchasing fuel, lubricants and raw chemical materials in bulk for commercial fleets and heavy machinery. TAG is one of the largest corporations in Jamaica with 2010 reported revenues in excess of $330M USD and projected 2011 revenues of $370M USD. The Company is also one of the largest suppliers of chemical raw materials in Jamaica, serving a variety of manufacturing industries such as bedding, furniture, paints, coatings, packaging, adhesives, cleaning and sanitizing, and the automotive sector. The chemicals portfolio offers a wide range of products including polyol, lacquer thinner, mineral spirits, acetone and other solvents as well as automotive fluids and coolants. The Company maintains the only non-governmental commercial bulk chemical storage facility in Jamaica and serves as a supply hub for the entire Caribbean market. It is a market leader in the region and is in the process of expanding its product line.

Highlights

  • Currently expanding the products and services offered at over 50 service stations
  • Upgrading operational technologies to dramatically improve inventory management, cash flow, and product/service quality
  • Potential for extensive roll out of C-Store build out for high traffic sites