VEMCO LIMITED (originally a sole proprietorship) was founded in 1958 by Victor Mouttet and Sally Mouttet, and was the origin of the Victor E. Mouttet Group.

The business began as a commodity trading business, trading in such products as peanuts, beans and prunes. In the 1960s, business began to evolve from trading in commodities to branded food products. The original branded products included S.X Processed Meats fom Canada, Celebrity Canned Meats from Denmark and Kerrygold Dairy Products from Ireland. The company continued to expand its branded food product range until the imposition of the Negative List in the mid 1960s. This adversely affected products the company imported that could be manufactured locally, and by the mid 1970s the only major brand food products that the company retained was the Kerrygold range of dairy products.

At this point, Victor E. Mouttet made two decisions that would provide the foundation for the business that you see today. The first was to establish a factory to manufacture branded food products and the second was to expand and grow the Kerrygold brand. In 1976 Multifoods Corporation Limited was established. The first product the company manufactured was peanut butter, followed by mayonnaise and mustard under the Buffet, Sunrich and French's brands.

The next initiative was a revolutionary and highly risky one: import milk powders in bulk from the Irish Dairy Board, and package it in a sachet under the Kerrygold brand. It was the first time in the world that milk powder would be packaged in a sachet. It took two (2) years of planning to work out the logistics, design the film and identify the right equipment. It was a gamble because consumers had only ever bought milk powder in cans. They would have to be convinced that this new form of packaging would provide the same high quality milk powder that they were accustomed to buying in cans. The product was finally introduced in 1978 and the rest, as they say, is history. By the early 1980s Kerrygold became a dominant brand in the milk powder market and the sachet became a common alternative to cans in milk powder markets throughout the world.

In conjunction with Multifoods, Vemco created the "Swiss" brand of Food Products, initially concentrating on condiments, sauces and peanut butter. The Swiss range was further extended after the purchase of Geddes Grant Foods, now Cereal Products Limited, to include a complete range of pasta products. Swiss is now a household name in Trinidad and Tobago.

With the removal of the Negative List in the early 1990s, the company, once again, expanded into imported branded food products attracting major international food brands, like Quaker, Gatorade, Dole, and Carbonell. Soon after, Vemco also entered the Food Service Market with brands such as Katerpak, Dole and Lamb Weston, and is now one of the major suppliers to the fast food and catering industries.

In 1993, Vemco expanded its products, offering and establishing a Pharmaceutical division. The company was successful in attracting these major pharmaceutical companies: Carlisle Laboratories, Hoechst and Upjohn. With the acquisition of Smith, Robertson & Company Limited in 1998, Vemco's Pharmaceutical division was merged with Smith, Robertson & Company to form the largest and most focused Pharmaceutical Distribution company in the country.

With this merger, Vemco once again is exclusively involved in the distribution of food products. The Company's operations have also expanded outside of Trinidad and Tobago. Vemco markets and distributes the Kerrygold and Dole brands throughout the entire Caribbean, from Jamaica to Trinidad, and Guyana and Suriname on the South American continent. The company's objective is to have it brands at the top in every product category in which it competes. For the future, the company plans to continue investing in its products and brands to meet the changing and demanding needs of its consumers.

 

(c) 2002 Vemco Ltd.