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Company of the American Islands

A French chartered company that administered and colonized parts of the Caribbean between 1635 and 1651.

Last updated August 26, 2026

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Overview

The Company of the American Islands (French: Compagnie des Îles de l'Amérique) was a French chartered colonial company active in the Caribbean during the seventeenth century. It was created in 1635 when François Fouquet, acting for Cardinal Richelieu, reorganized and renamed the Compagnie de Saint-Christophe. The new company inherited responsibility for the French settlement on Saint-Christophe, or Saint Kitts, and received a broader mandate to develop French possessions in the Antilles, establish settlements, promote Catholic conversion, and extend French influence across the region. The company operated in a period when European monarchies used chartered companies to combine state objectives with private capital and administration. Its work was not limited to commercial exchange. It granted or supervised colonial concessions, appointed or supported governors, organized migration, defended settlements, and attempted to establish permanent French control over islands that were also contested by England, Spain, the Dutch Republic, and other powers. The company therefore functioned as an instrument of French imperial expansion as much as a trading enterprise. A major turning point came in September 1635, when Pierre Belain d'Esnambuc, the French governor of Saint-Christophe, arrived at Martinique with approximately 150 French settlers after being displaced from part of Saint-Christophe by English forces. He claimed Martinique for King Louis XIII and the company and established the settlement of Fort Saint-Pierre, near present-day Saint-Pierre. After d'Esnambuc died in 1636, administration of Martinique passed to his nephew Jacques Dyel du Parquet, who became governor in 1637. Du Parquet consolidated French settlement on Martinique and extended French activity to neighboring islands. Under the company's direction or through concessions associated with it, French settlers established or expanded footholds in Guadeloupe, Martinique, Saint Lucia, Saint Martin, Saint Barthélemy, Grenada, and Saint Croix. The company also retained or inherited interests connected with Dominica and Saint-Christophe. The dates and duration of French control varied considerably from island to island. Some settlements were temporary, some were transferred to private proprietors, and others were later absorbed into different colonial institutions. The company's charter was extended for twenty years in 1642. Under the arrangement, the French king was to appoint the company's governor general, while the company appointed governors for individual islands. In practice, the company's resources and administrative capacity weakened during the 1640s. The French government under Cardinal Mazarin showed less sustained interest in supporting colonial ventures, and the company struggled to maintain an ambitious network of settlements in a competitive and costly region. The Company of the American Islands dissolved itself in 1651. Its rights and territories were divided among private purchasers and other institutional owners. The du Paquet family acquired Martinique, Grenada, and Saint Lucia for 60,000 livres, while the sieur d'Houël acquired Guadeloupe, Marie-Galante, La Désirade, and Les Saintes. Saint-Christophe, Saint Croix, Saint Barthélemy, and Saint Martin became associated with the Knights Hospitaller of Saint John of Jerusalem, who later sold those islands to the newly established Compagnie des Indes occidentales in 1665. The company thus disappeared as a legal and administrative body, but its settlements and concessions contributed to the subsequent structure of the French Caribbean empire.

History

The Company of the American Islands emerged from France's effort to strengthen its small and vulnerable Caribbean presence. Before 1635, the Compagnie de Saint-Christophe administered the principal French settlement in the region. Cardinal Richelieu, who held an interest in the earlier enterprise, charged François Fouquet with reorganizing it. Fouquet renamed the organization the Company of the American Islands and gave it a wider colonial mandate. The company was expected to develop the Antilles, establish French settlements, and support the conversion of Indigenous inhabitants to Catholicism. The company's first major expansion occurred in 1635. Pierre Belain d'Esnambuc, already associated with French Saint-Christophe, landed at Martinique on 15 September with about 150 French settlers. After being driven from Saint-Christophe by English pressure, he claimed the island for King Louis XIII and the company. The settlers established Fort Saint-Pierre, creating the foundation of permanent French colonization on Martinique. D'Esnambuc died the following year, and authority passed to his nephew Jacques Dyel du Parquet, who became governor in 1637. Du Parquet expanded the French foothold from Martinique. A French settlement was established on Saint Lucia in 1643, and a French expedition reached Grenada in 1649. French activity also extended to Guadeloupe, Saint Martin, Saint Barthélemy, and Saint Croix, while the company retained connections to Dominica and Saint-Christophe. These territories did not form a uniform or permanently controlled bloc. European rivalry, local resistance, disease, logistical limitations, and the costs of supplying distant settlements affected the duration and character of French occupation. The company operated through governors and colonial concessions. A charter extension in 1642 lasted twenty years and provided that the French king would name the governor general, while the company would appoint governors of individual islands. This arrangement reflected the hybrid nature of the enterprise: it was a private chartered body, but its activities were closely tied to royal sovereignty and national competition. Its objectives included economic exploitation, territorial control, migration, defense, and Catholic evangelization. By the later 1640s, the company was in decline. French political priorities shifted under Cardinal Mazarin, and the company lacked the resources needed to sustain its broad Caribbean program. In 1651 it dissolved itself and sold or transferred its exploitation rights. The du Paquet family purchased Martinique, Grenada, and Saint Lucia for 60,000 livres. The sieur d'Houël purchased Guadeloupe, Marie-Galante, La Désirade, and Les Saintes. The Knights Hospitaller acquired Saint-Christophe, Saint Croix, Saint Barthélemy, and Saint Martin; in 1665 those islands were sold to the newly created Compagnie des Indes occidentales. Although the Company of the American Islands lasted only sixteen years, it helped establish the institutional and territorial foundations of the French Caribbean. Its successor arrangements shifted control from a single chartered company to private proprietors, religious-military owners, and later royal or state-backed colonial organizations. The company's legacy is therefore found less in a surviving corporate identity than in the settlements, landholding patterns, administrative practices, and imperial claims that followed its dissolution.

  • 1651

    Company dissolved and rights sold

    [1]

    The company dissolved itself and transferred its island rights to private proprietors and other owners.

  • 1649

    French settlement established in Grenada

    [1]

    An expedition led by Du Parquet established a French settlement in Grenada.

  • 1643

    French settlement established on Saint Lucia

    [1]

    French colonization activity under the company's direction established a settlement on Saint Lucia.

  • 1642

    Charter extended

    [1]

    The company received a twenty-year extension of its charter, with a division of appointment powers between the French king and the company.

  • 1637

    Jacques Dyel du Parquet becomes governor of Martinique

    [1]

    Following d'Esnambuc's death, his nephew Jacques Dyel du Parquet assumed the governorship and directed the development of Martinique.

  • 1635

    Company reorganized and renamed

    [1]

    François Fouquet reorganized the Compagnie de Saint-Christophe as the Company of the American Islands under a broader mandate to develop and colonize the French Antilles.

  • 1635

    French settlement established at Martinique

    [1]

    Pierre Belain d'Esnambuc arrived at Martinique on 15 September with French settlers and founded the settlement at Fort Saint-Pierre.

Products and positioning

A state-backed French colonial enterprise combining commercial privileges, territorial administration, settlement, military-political expansion, and Catholic missionary objectives in the Caribbean.

  • Chartered colonial services · 1635

    Colonial administration and concessions

    The company's principal activity was administering and developing French-controlled islands. Its charter supported the appointment of governors, the allocation of land and privileges, the movement of settlers, and the maintenance of French claims. These functions combined commercial exploitation with public and imperial responsibilities rather than producing a consumer product.

  • Colonization and infrastructure · 1635

    Caribbean settlement program

    The company organized or sponsored settlement across parts of the Lesser Antilles. Its most prominent early foundation was Fort Saint-Pierre on Martinique, followed by French initiatives on Saint Lucia, Grenada, Guadeloupe, Saint Martin, Saint Barthélemy, and Saint Croix. Settlement was intended to secure territory, support agriculture and trade, and strengthen French strategic presence.

  • Religious and colonial policy · 1635

    Catholic missionary program

    The company's mandate included efforts to convert Indigenous inhabitants to Catholicism. Missionary activity formed part of the wider colonial project and was linked to France's claims of sovereignty and cultural authority in the Caribbean.

Marketing campaigns

  • 1649Grenada settlement

    Grenada

    Du Parquet led an expedition that established a French settlement in Grenada.

    Outcome. Grenada was later sold with Martinique and Saint Lucia to the du Paquet family.

  • 1643Saint Lucia settlement

    Saint Lucia

    The company expanded French settlement activity to Saint Lucia under the leadership associated with Jacques Dyel du Parquet.

    Outcome. Saint Lucia remained among the islands transferred to the du Paquet family after the company's dissolution.

  • 1635Martinique colonization

    Martinique

    Pierre Belain d'Esnambuc led approximately 150 French settlers to Martinique and established Fort Saint-Pierre as a permanent French foothold.

    Outcome. Martinique became the company's most important settlement and was later acquired by the du Paquet family.

Brand decisions

  • 1651

    Dissolution and disposal of colonial rightsStrategy

    Background

    The company weakened during the 1640s as French political support and the resources available for Caribbean colonization declined.

    Action taken

    It dissolved itself and sold or transferred rights to different purchasers, including the du Paquet family and the sieur d'Houël.

    Aftermath

    Control of the former company territories became fragmented. Several islands later passed to other colonial institutions, including the Compagnie des Indes occidentales.

    Purchase price paid by the du Paquet family for Martinique, Grenada, and Saint Lucia. 60,000 livres (1651)

Sources1 sources

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