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In 2007, PPG in Australia acquired Barloworld Coatings (Australia) Pty Limited, producer of the Taubmans, Bristol, and White Knight brands of paint. [10] On 2 January 2008, PPG acquired the SigmaKalon Group of companies for $3.2 billion from private investment firm Bain Capital, strongly increasing its paint and specialty coatings business. [11]
CIC Holdings acquired 70% of stake of Unipower (Pvt) Ltd in 2017 for LKR238 million. [8] The company won the award for the most innovative research in the non-plantation agriculture sector in 2018. The award is conferred by the Sri Lanka Council for Agricultural Research Policy, the apex body of agriculture research in Sri Lanka.
Lankem Ceylon PLC is a chemicals, paints and consumer goods manufacturing company in Sri Lanka. The company also engaged in the hospitality industry by owning and operating resorts in Sri Lanka. The company is incorporated in 1964 by Royal Dutch Shell and listed on the Colombo Stock Exchange in 1970.
Location of Sri Lanka. Sri Lanka is an island country located southeast of the Republic of India and northeast of the Maldives.According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income.
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]
LOLC Holdings PLC is a Sri Lankan conglomerate listed on the Colombo Stock Exchange (CSE). Originally starting as a non-banking financial company LOLC has grown into one of the largest Sri Lankan conglomerates involved in many sectors and subsidiaries in several countries although it is still mainly involved in the financial sector.
The single largest investment in the 140-plus year history of Hayleys (and the largest acquisition of a public listed company at the time) was the 10.8 billion rupee controlling stake of Singer Sri Lanka in 2017, [32] followed by the buying over of the five-star Ceylon Continental Hotel in Colombo, Sri Lanka (now known as The Kingsbury) in 2010.
LMD 100 ranks Sri Lankan listed companies by revenue annually. Ambeon Capital and Ambeon Holdings are ranked 52nd and 53rd in its 2020/21 edition published in 2022. [13] Ambeon Holdings is one of the top 20 conglomerates in Sri Lanka by brand value. [14] Brand Finance calculates the brand value of Ambeon Holdings to be worth LKR3,224 million in ...