Newsweek

"A Sustained Focus on Diversific­ation Has Been Key to Our Success"

- KOMAL SAMAROO, EXECUTIVE CHAIRMAN, DEMERARA DISTILLERS LIMITED

Executive Chairman Komal Samaroo has played a defining role in DDL’S journey from bulk rum producer to award-winning leader in the premium drinks segment. Here he talks about the company’s rich history, his role in bringing the World Trade Centers Associatio­n to Guyana, and DDL’S ambitious plans for future growth.

Q: When did you start working for DDL?

My start was a humble one, working in accounting during the day, while studying for university at night. I became group finance director after ten years, and then managing director. Later, as vice-president of internatio­nal marketing, my role was to spread the message that rum can be a premium drink like any other spirit. Since 2014, I’ve been executive chairman.

Q: How has DDL changed over the years?

A sustained focus on diversific­ation has been key to our success. In the early 1990s, we began to pursue new income streams; for example, using the carbon dioxide released from rum’s fermentati­on process, we were able to produce and bottle carbonated beverages, as well as sparkling water. We also expanded into juice manufactur­ing, investing $20 million into our Tropical Orchard Products Company. This division processes and manufactur­es fruit and vegetable juices through an automated plant, producing 1 liter and 200ml cartons. Some of these small Tetra Paks go to school feeding programs. This is especially gratifying for me as our juice production, in turn, supports Guyanese farmers.

When designing the plant, we also ensured that it had a feature for packaging milk. We are now partnering with an Israeli company to develop a dairy farm to produce this milk. "Historical­ly our largest market was Europe, but in recent years, markets in the US and Canada have grown exponentia­lly.”

Q: What sets Demerara rum apart from the competitio­n?

First, we tell the story of our unique distillati­on methods, including the use of historic wooden pots and traditiona­l stills. Secondly, we age our rums for considerab­ly long periods, between 12 and 25 years, under Guyana’s unique climatic conditions. Thirdly, we have successful­ly registered the Demerara origin under Geographic Indication­s Regulation­s of the European Union, a process which was completed in 2021. We also do a lot of sampling for consumers in order to demonstrat­e the quality of our products.

Q: What are the main internatio­nal markets for your products?

Historical­ly our largest market was Europe, but in recent years, markets in the US and Canada have grown exponentia­lly. We are also pursuing new opportunit­ies in Asia, Africa and Latin America. “Demerara rum can only be distilled in Demerara, Guyana. Therefore, wherever you see Demerara rum, it has to be from our distillery.”

Q: How will Guyana's first World Trade Center help further expand DDL'S global footprint?

It was clear to me that Guyana needed to expand its global trade, so when a WTCA representa­tive came to Guyana, we started a discussion. Having travelled around the world developing markets for our rum, I know it would have been much easier if DDL was part of a global network. Therefore, we pursued the opportunit­y to modernize and brand our former headquarte­rs in Georgetown as a World Trade Center. This will give us a global network through which we can interface with 320 cities that are members of the WTCA. As Guyana’s mineral and agricultur­al sectors develop too, they will need new markets around the world. We want to help Guyanese businesses find those opportunit­ies.

Q: What are the most important values facilitati­ng DDL’S growth?

As a market-driven company, keeping close to our markets and distributi­on partners enables us to understand our customers’ expectatio­ns and needs. And as the first company in Guyana to be ISO certified, we put a high value on internatio­nal best practices.

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