Massy Holdings Limited (MHL), together with its Portfolio Companies, engages in trading, manufacturing, service industries, and finance businesses in Trinidad and Tobago, and the Caribbean region. Given the Company’s geographical diversity, Massy generates 43% of its profit before tax in Trinidad and Tobago, 22% in Barbados & the Eastern Caribbean, 21% in Guyana, 7% in Colombia, 6% in Jamaica, and 1% across several other countries. For its strategic growth going forward, Massy is focused on three distinct business segments, namely: Integrated Retail, Gas Products, and Motors and Machines. We briefly describe each below:
- The Integrated Retail Portfolio (IRP) segment is involved in the sale of retail and wholesale distribution of pharmaceuticals, foods, and general merchandise.
- The Gas Products (GP) segment sells liquified petroleum gases and industrial gases, as well as provision of maintenance services and execution of construction projects for oil, gas, and mining clients in Colombia.
- The Motors and Machines (M&M) segment sells new and used vehicles, spare parts, industrial equipment, and lubricants; and engages in short- and long-term vehicle, and equipment rental business.