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Lion Brewery or Lion Brewery (Ceylon) PLC is a predominantly Sri Lankan owned and operated brewery. The company is listed on the Colombo Stock Exchange and its stock is part of the S&P Sri Lanka 20 Index. Lion Brewery produces the highest selling beer, Lion Lager, in both Sri Lanka and the Maldives.
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]
[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 ...
The company was subsequently renamed Asia Pacific Brewery Lanka Limited. In February 2017 the company changed its name again to Heineken Lanka Limited to reflect its relationship with the Heineken Group. The Heineken Group having acquired full control of Asia Pacific Breweries Ltd in 2012 and rebranding it as Heineken Asia Pacific in 2013.
The local beer market is currently occupied by two main brewers. The largest of Sri Lanka's brewers is the Lion Brewery, which is also the oldest brewery in the country. It produces over 90% of Sri Lanka's beers. In 1988 it constructed a new brewery at Biyagama to replace the century-old facility at Nuwara Eliya.
Lion remains the number-one brand in neighbouring Sri Lanka, where Mohan Meakin had introduced it in the 1880s through their Ceylon brewery. Among their list of beers is Old Monk 1000, sporting the same logo as the Old Monk Rum [ 5 ] considered as a strong beer with high alcohol content.
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 20 companies are listed below. All revenue figures reported before the financial year ending 2024. [5] [6]
This page was last edited on 13 September 2016, at 12:12 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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