New Lankem House opens at Navam Mawatha
Lankem Ceylon PLC recently moved into its own building at No 46/56 Navam Mawatha in Colombo 02. The 30,000 sq ft new office complex will enable the company to integrate several of its operating profit centres in one location for the first time.
The move to re- locate the Company's operations to Colombo's commercial nerve centre will help to further strengthen its image as one of Sri Lanka's largest and fastest growing industrial conglomerates.
The Group's core Business Units: Crop Protection, Paints, Industrial, Bitumen, Consumer and its support Service Units: IT, Human Recourse, Commercial, Finance, Compliance with a total staff strength of about 300 employees, are now housed in the new office complex. The operations of two other subsidiaries will also be located here.
"Lankem Ceylon PLC is a fast growing player in the diversified conglomerate sector. The Lankem Group has been building value and creating wealth for over five decades in Sri Lanka. Its investments span over twenty five subsidiaries working in nine major industries where we have endeavoured to be key players in the fields we operate in", said Anushman Rajarathnam, Managing Director, Lankem Ceylon PLC.
Royal Dutch Shell created Lankem in 1964 as an agro chemical business. Over the past 50 years Lankem has diversified into other related businesses. Lankem's Crop Protection, Paints, and Bituminous Products have been the front- runners in new product development in their specific industries.
Lankem Consumer Products has been the pioneer in producing mosquito coils, washing machine detergent powders and liquid detergents in Sri Lanka. Today Lankem Consumer Products are a household name across the country.
In 2010 Lankem strengthened its position in the FMCG sector through the acquisition of C. W. Mackie. The Company also brought with it rubber processing expertise and markets for premium grade rubber products manufactured through the plantations sector. Among the other new mergers and acquisitions are J. F. Packaging ( a pioneer in the Sri Lankan flexible packaging industry), Union Commodities ( Tea Brokers) and Ceylon Tapes.