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In 1844 British businessman William Milne started Milne & Company, [3] [4] general warehousemen, importers of oilman stores etc, [5] with branches in Kandy and Galle. In 1850 Milne was joined by his friend, David Sime Cargill, [6] and the firm became Milne, Cargill & Co. [7] In 1860 Milne retired from business in Ceylon and moved back to Scotland to form a company in Glasgow to look after the ...
[2] [3] The Cargills Group subsequently spent Rs. 2 billion upgrading the brewery, [4] increasing the capacity from 50,000hL/yr to 600,000hL/yr. [5] [6] In June 2014 it was reported that Cargills was preparing to sell Millers Brewery, [7] the likely purchasers of the company include Distilleries Company of Sri Lanka PLC and Carson Cumberbatch ...
Distilleries Company of Sri Lanka PLC (DCSL) is a diversified Sri Lankan conglomerate listed on the Colombo Stock Exchange with a market capitalisation of US$600 Million. [3] It was one of the first Sri Lankan companies included in Forbes 's list of non-US Best Managed companies valued under US$1 billion. [ 4 ]
W. M. Mendis and Company, is a Sri Lankan beverage alcohol company, with its headquarters in Negombo, Sri Lanka. It is as known one of Sri Lanka's oldest and most renowned liquor manufacturers in Sri Lanka. [2] Considered as one of the pioneers in the field, it still ranks as one of Sri Lanka's largest distillers. [citation needed]
Keells is a Sri Lankan supermarket chain operated by Jaykay Marketing Services (Pvt) Ltd., a subsidiary of the John Keells Group. [1] Established in 1991, [1] [2] Keells has grown to operate 135 outlets across the country, positioning itself as one of the leading retail chains in Sri Lanka alongside other retailers such as Cargills, Glomark, Spar, and Arpico.
In 2017 the beer market in Sri Lanka grew by 24-25%. According to the Finance Ministry, during the first eight months of 2017, revenue from excise duty on liquor and cigarettes has significantly decreased by 5.9% to LKR 73.7 billion and by 8.1% to LKR 54.6 billion, due to a drop in the volume of sales.
The largest of Sri Lanka's brewers is the Lion Brewery, which is also the oldest brewery in the country. It produces over 80% of Sri Lanka's beers. It produces over 80% of Sri Lanka's beers. In 1988 it constructed a new brewery at Biyagama to replace the century-old facility at Nuwara Eliya .
The Richard Pieris & Company, pioneered the concept of hypermarkets in Sri Lanka through their Arpico Super Centre chain. [2] The store sells various types of goods in different sections under the building's roof and the headquarters is situated at Maharagama in High Level Road.