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Lanka Sathosa, MILCO partnership powers Highland

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Lanka Sathosa, the country’s largest retail network business, and MILCO, one of the country’s largest dairy companies, announced that they had successfully propelled Highland to rise above the competition and emerge as the highest selling full cream milk powder at Sathosa.

Working together, the two state sector entities strived relentlessly to promote home grown brand Highland’s locally manufactured full cream milk powder to consumers across 420 Sathosa outlets around the island. Thanks to the combined efforts of the two organizations, Highland now accounts for 1 in every 3 packets of full cream milk powder sold on average at Sathosa outlets, rising from a basket share of less than 15% about a year ago.

Going beyond building the brand and driving sales and revenue, this achievement augurs well for the nation’s goal of achieving self-sufficiency in the dairy industry. The sector is currently dependent largely on imported milk powder, thereby resulting in significant drain in valuable foreign exchange.

“MILCO was formed with the aim of supporting the rural economy and catering to the nutritional needs of the nation. Over the years, we have continued to ramp up our fresh milk collection and dairy product manufacturing operations to strengthen the local dairy industry and offer nutritious products to consumers. In line with this, we are excited to have partnered with Lanka Sathosa on driving our Highland range of products. Working together, we have successfully helped Highland full cream milk powder rise to become the number one selling brand in its category at Sathosa outlets. This is a significant milestone for the brand as well as for the local dairy industry,” said, Lasantha Wickramasinghe, chairman, MILCO (Private) Limited. “Encouraged by these results, we recommit ourselves to serving the nation and its dairy sector in particular.”

“At Lanka Sathosa, we strive to support the country by offering the highest quality everyday essentials at economical prices to consumers and by assisting small business owners, local manufacturers and farmers. In line with this, we partnered with MILCO to promote Highland’s locally manufactured products. We are delighted to see Highland now emerge as the highest selling full cream milk powder at our stores. In doing so, we have also helped the nation save valuable foreign exchange. This is a result of the ingenuity and commitment of both our teams. It gives us further impetus to champion local brands and thereby drive the economy forward,” said, Dr. Nushad M. Perera, chairman, Lanka Sathosa Limited. “We will continue to work with likeminded partners on transforming Sri Lanka’s retail space and delivering greater value to the nation.”

Lanka Sathosa Limited is a state-owned largest retail network business in Sri Lanka with over 420 outlets island wide and over 4500 employees. Established in 2005 under the name Lanka Sathosa with the aim of food security to the mass consumer, the retail chain’s new vision reflects its perceptions of its current target consumers with lower and lower middle-income households which is a price setter for the nation. Guided by its trusted leadership team, Lanka Sathosa spearheads the sustainable development of the food industry in Sri Lanka.



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Hemas Consumer strengthens portfolio with L’Oréal partnership in Sri Lanka

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Hemas Consumer, the leading manufacturer and distributor in Sri Lanka’s beauty and personal care sector has strengthened its portfolio of offerings in a groundbreaking partnership with the world’s number one beauty company, L’Oréal. With this partnership Hemas Consumer obtains distributor rights to leverage its sales network and innovative marketing approaches in taking L’Oréal’s wide range of beauty and personal care brands across Sri Lanka.

Commenting on the new partnership, Sriyan de Silva Wijeyeratne, Managing Director, Hemas Consumer & Executive Director Hemas Group said, “We have spent over fifty years building successful and strong consumer brands in Sri Lanka. In keeping with our promise of consumer delight and trust, we are elated to partner a world-class cosmetics group like L’Oréal expanding our existing portfolio with the world’s most sought-after beauty and personal care products.

We are well equipped in our distribution process with island-wide sales channels to serve all parts of the country. I believe this partnership will revolutionize Sri Lanka’s beauty care industry and more prospects await as we continue to look ahead with L’Oréal.”

Sabrina Esufally, Director Business Development and Innovation at Hemas Consumer said, “This partnership will enable Sri Lankans to access the iconic brands and solutions created through years of research and innovation by L’Oréal. In the fast evolving and dynamic beauty industry, the combined strength of Hemas’s local heritage and penetration, and L’Oréal’s global technology and trust is the perfect recipe for consumer delight.”

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DFCC Bank supports industrial excellence by partnering CNCI Achiever Awards

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DFCC Bank PLC, stepped up once again for the 3rd consecutive year to partner with the Ceylon National Chamber of Industries (CNCI) as the principal sponsor and official banking partner of the CNCI Achiever Awards 2020.

The CNCI Achiever Awards was held for the 19th consecutive time to recognize the outstanding efforts of exceptional performers who have molded their respective industries with innovative solutions, while overcoming challenges and meeting the demands of their clientele. This year, the event was recently held under strict health guidelines at the Galadari Hotel in Colombo. 

Commenting on the sponsorship, Chief Executive Officer of DFCC Bank PLC Lakshman Silva stated, “We are pleased to have partnered with the Ceylon National Chamber of Industries (CNCI), as the Main Sponsor and Official Banking Partner of the 19th CNCI Achiever Awards 2020. DFCC is honored to partner in reconciling successful Sri Lankan businesses from various industrial sectors. Our partnership with this prestigious awards programme aligns seamlessly with our commitment to foster and reward industrial growth across the country and support local entrepreneurs in MSME & SME sectors.”

 

 

 

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Lanka SSL triumphs with National Gold and Top Ten Awards

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CNCI Achiever Awards 2020

Lanka Special Steel Limited (Lanka SSL), a trusted name in wires and a fully-owned subsidiary of E B Creasy & Company PLC, was recently awarded the coveted National Gold Award under the Extra Large category in the Manufacturing Sector at the Achiever Awards 2020 for Industrial Excellence.

The annual event organized by the Ceylon National Chamber of Industries (CNCI) was held in March 2021 at Colombo, and celebrated some of the leading industrialists in the country for their tremendous and continued efforts in uplifting and promoting quality standards, productivity, growth and strategy, R&D, employee welfare and others whilst contributing to both the society and economy at large.

‘We are immensely proud to have been recognized with two very prominent awards at this year’s CNCI Achiever Awards. It is a huge leap from just winning a Merit Award the last time around, and this incredible achievement certainly reflects our highly ambitious plans to strive for continued excellence. We would like to thank our valued customers and all stakeholders. We are grateful to our hardworking and committed staff at Lanka SSL who have made this possible,’ said Pravin De Silva, CEO of Lanka SSL.

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