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Guyana Liquor Corporation was a holding company established by the Guyanese government in order to manage the rum interests it had acquired by nationalising the country's sugar industry. These included Diamond Liquors Ltd (DLL) which it bought from Jessels Holdings in 1975, and Guyana Distillers Ltd (GDL) along with its subsidiary, Demerara Distilleries Ltd, in 1976. It eventually merged DLL and GDL to create Demerara Distillers Ltd (DDL) in 1983.
The company was eventually dissolved as the government in Guyana began to divest its stake in DDL in the 1980s, becoming a minority shareholder by 1988. Its lasting legacy was its commitment to laying down casks for ageing, which eventually furnished DDL with enough stock to launch the El Dorado brand in 1992.
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