279:
262:
245:
228:
208:
27:
481:
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. Ambeon Holdings is one of the top 20 conglomerates in Sri Lanka by brand value. Brand Finance calculates the brand value of Ambeon Holdings
354:
When
Lionhart Investment Limited acquired the company in 2007, operations under the new owners proved to be controversial. The Securities and Exchange Commission launched a probe into the company when a subsidiary of the company sold a platinum mine in South Africa at a profit. The directors of the
426:. A platinum mine in South Africa bought by a subsidiary incorporated in the British Virgin Islands was the cause of the investigation. Despite the company selling the platinum mine at a capital gain, the investigation continued by the Securities and Exchange Commission. The UNP parliamentarian
359:
accused the company and its parent of stock manipulation in the parliament in 2013. Taprobane
Holdings, a consortium of Navitas Holdings, Galle Face Hotel Group and Hirdaramani Group, acquired the company in 2015. In 2018, the company was renamed Ambeon Holdings. Ambeon Holdings is one of the
417:
UK-based
Lionhart Investments Limited acquired Walker and Greig in 2007 from Browns Group for LKR76 million. The company was renamed Environmental Resources Investment PLC in the following year. Environmental Resources Investment and Ceylon Leather Products acquired
350:
to supply agricultural machinery to plantations in the hill country. The company was incorporated in 1910 and in 1959, it was brought under Brown and
Company. In 1970, the company was listed on the Colombo Stock Exchange.
462:
in 2017 for LKR1079.1 million. In June 2018, the company adopted its current name, Ambeon
Holdings PLC, while its parent became Ambeon Capital PLC. Collectively they are called the Ambeon Group.
364:
100 companies in Sri Lanka. The company is also one of the top 20 conglomerates in the country. Ambeon
Holdings controls a number of notable subsidiaries including Ceylon Leather Products,
401:, Colombo later. The Colombo headquarters extended over five acres. The company was incorporated as a limited liability company in 1910. Walker and Greig Company was brought under
2116:
1071:
845:
2111:
422:
for LKR433 million in 2010. In the same year, the
Securities and Exchange Commission launched a probe into Environmental Ressources Investments for
1131:
1350:
85:
2121:
438:
in 2013. Each of the directors of the company was charged with an LKR3.3 million fine for document falsification and non-disclosure.
1265:
2126:
937:
1328:
1235:
1157:
2106:
1959:
78:
2080:
1294:
1343:
1099:
397:, the Haldumulla shop was closed, and a new shop opened in Haputale. The headquarters of Walker and Greig was moved to
220:
904:
Seaports of India & Ceylon: Historical and
Descriptive, Commercial and Industrial, Facts, Figures, & Resources
1771:
1979:
393:
and
Haldumulla to supply agricultural machinery to the plantations in those areas. With the growing importance of
1336:
454:, and Hirdaramani Group took control of Lanka Century Investments in 2015. Lanka Century Investments acquired
1694:
346:. John Walker who established Walker Sons and Company is the founder of the company. In 1874, Walker founded
1183:
1658:
1603:
964:
1515:
459:
446:
The company's name was changed to Lanka Century Investments in November 2013. Taprobane Holdings PLC, a
1673:
1883:
1824:
1678:
1613:
1480:
1360:
2010:
1796:
1409:
1104:
872:
1954:
1842:
1628:
1358:
482:
to be worth LKR3,224 million in 2019. Ambeon Holdings sold its subsidiary South Asia Textiles to
435:
386:
2054:
1898:
1873:
1761:
1756:
1608:
932:
406:
336:
110:
74:
991:
959:
2005:
1933:
1582:
1365:
1044:
1893:
1786:
1648:
1495:
8:
1572:
1072:"Tax haven Lankan accounts open can of worms in P'ment; UNP wants Select Committee probe"
777:
419:
365:
2000:
1908:
1776:
1751:
1746:
1704:
1668:
1643:
1530:
1455:
471:
423:
192:
120:
1857:
1806:
1725:
1633:
1470:
969:
927:
402:
1018:
486:
PLC for LKR4 billion in 2021. Ambeon Holdings acquired South Asia Textiles in 2011.
1984:
1949:
1847:
1791:
1638:
1475:
793:
455:
451:
369:
271:
211:
1132:"Lanka Century Investments acquires enterprise solutions business of MillenniumIT"
2085:
2015:
1852:
1510:
1419:
902:
427:
356:
339:
105:
91:
1209:
1623:
1618:
1577:
1520:
1490:
928:"100 years in business: Browns-from bicycle repair shop to among top companies"
483:
389:
is the founder of the company. In 1874, Walker established Walker and Greig in
287:
60:
2100:
2075:
2033:
1974:
1913:
1878:
1741:
1663:
1525:
1505:
1465:
431:
115:
68:
1969:
1918:
1720:
1587:
1551:
1535:
1439:
1429:
1414:
398:
380:
1928:
1653:
1500:
1117:
125:
2038:
1964:
1801:
1460:
1388:
515:
447:
297:
237:
26:
2059:
1888:
1383:
1369:
1243:
343:
1923:
1903:
1434:
1076:
394:
1158:"Sri Lanka's LCI buys MillenniumIT ESP from London Stock Exchange"
1781:
1485:
1424:
390:
165:
1766:
1404:
1323:
313:
1236:"Ambeon ranked amongst Best Conglomerate Brands in Sri Lanka"
254:
1699:
1190:. Associated Newspapers of Ceylon Limited. 14 June 2018
989:
470:
Ambeon Holdings and its parent Ambeon Capital both are
381:
Colonial origin and post-independence Browns subsidiary
1100:"Environmental Resources Investments changes identity"
846:
List of companies listed on the Colombo Stock Exchange
412:
816:
Manufacturing porcelain tableware. A sub-subsidiary
1295:"Hayleys buys textile firm from Ambeon for Rs. 4 b"
990:Edirimuni Chandrasekera, Duruthu (16 March 2008).
385:John Walker, a Scottish engineer who established
2098:
441:
867:
865:
863:
861:
355:company were fined for document falsification.
2117:Companies listed on the Colombo Stock Exchange
46:Environmental Resources Investment (2007-2013)
1344:
758:Manufacturing and retailing leather footwear
1069:
858:
836:Source: Annual Report, 2021/22 (pp. 99–100)
1164:. Echelon Media (Pvt) Ltd. 28 December 2017
2112:Conglomerate companies established in 1910
1351:
1337:
1216:. Media Services Pvt Ltd. 2022. p. 76
907:. W. H. & L. Collingridge. p. 443
25:
1025:. Associated Newspapers of Ceylon Limited
1017:Wijekoon, Channa Bandara (28 June 2010).
957:
900:
1016:
992:"Yenom awaiting class listing approvals"
925:
724:Source: Annual Report, 2021/22 (p. 143)
938:Associated Newspapers of Ceylon Limited
926:Sirimane, Shirajiv (3 September 2002).
405:in 1959. The company was listed on the
2099:
1960:Citizens Development Business Finance
1332:
1070:Hemmathagama, Ashwin (20 June 2013).
998:. No. 16 (42). Wijeya Newspapers
49:Lanka Century Investments (2013-2018)
2081:Colombo Land and Development Company
1108:. Wijeya Newspapers. 1 November 2013
1051:. Wijeya Newspapers. 30 January 2011
188:Ajith Devasurendra (Deputy Chairman)
2122:Conglomerate companies of Sri Lanka
960:"Lionhart seeking more investments"
13:
1301:. Wijeya Newspapers. 24 April 2021
958:Edirimuni, Duruthu (8 July 2007).
788:Manufacturing porcelain tableware
413:Lionhart acquisition and SEC probe
14:
2138:
1772:Distilleries Company of Sri Lanka
1317:
1275:. Brand Finance. 2019. p. 15
1045:"SEC probe on ERI 'not over yet'"
302:
372:, and Royal Fernwood Porcelain.
278:
277:
261:
260:
244:
243:
227:
226:
207:
206:
1674:The Nuwara Eliya Hotels Company
1287:
1258:
1228:
1202:
1176:
1150:
1124:
803:IT solutions. A sub-subsidiary
727:
324:Footnotes / references
16:Sri Lankan conglomerate company
2127:Holding companies of Sri Lanka
1980:People's Leasing & Finance
1695:Diesel & Motor Engineering
1138:. Ada Derana. 28 December 2017
1092:
1063:
1037:
1010:
983:
951:
919:
894:
1:
2107:1910 establishments in Ceylon
1561:Consumer Durables and Apparel
1019:"Dankotuwa Porcelain revives"
851:
465:
442:New ownership under Taprobane
282:LKR10,623 million (2022)
265:LKR22,892 million (2022)
1604:Aitken Spence Hotel Holdings
1516:Richard Pieris & Company
901:Macmillan, Allister (1928).
248:LKR2,519 million (2022)
231:LKR1,376 million (2022)
43:Walker and Greig (1874-2007)
7:
1609:Asian Hotels and Properties
839:
495:Ten-year financial summary
489:
460:London Stock Exchange Group
185:Sanjeev Gardiner (Chairman)
31:Logo of Ambeon Holdings PLC
10:
2143:
1848:Ceylon Hospitals (Durdans)
1735:Food, Beverage and Tobacco
1714:Food and Staples Retailing
1481:E. B. Creasy & Company
1361:S&P Sri Lanka 20 Index
375:
214:14,156 million (2022)
2068:
2047:
2024:
1993:
1942:
1904:National Development Bank
1884:Commercial Bank of Ceylon
1866:
1833:
1825:Swadeshi Industrial Works
1815:
1734:
1713:
1687:
1614:Ceylon Hotels Corporation
1596:
1560:
1545:Automobile and Components
1544:
1448:
1397:
1376:
763:Colombo City Holdings PLC
322:
308:
296:
286:
269:
252:
235:
218:
202:
176:
160:
152:
134:
98:
84:
66:
56:
36:
24:
2011:Softlogic Life Insurance
1410:Chevron Lubricants Lanka
808:Royal Fernwood Porcelain
1955:Central Finance Company
1843:Asiri Hospital Holdings
1624:Galadari Hotels (Lanka)
1184:"Ambeon Group launched"
873:"Annual Report 2021/22"
778:Dankotuwa Porcelain PLC
749:Ceylon Leather Products
387:Walker Sons and Company
140:; 113 years ago
2055:Vallibel Power Erathna
1943:Diversified Financials
1899:HDFC Bank of Sri Lanka
1762:Ceylon Tobacco Company
1757:Ceylon Grain Elevators
830:Investment management
821:Taprobane Capital Plus
452:Galle Face Hotel Group
407:Colombo Stock Exchange
138:December 29, 1910
111:Information technology
2006:Janashakthi Insurance
1934:Union Bank of Colombo
1834:Health Care Equipment
1797:Lion Brewery (Ceylon)
1649:Mahaweli Reach Hotels
1583:Hela Apparel Holdings
1366:All Share Price Index
882:. Ambeon Holdings PLC
450:of Navitas Holdings,
2076:C T Land Development
1894:Hatton National Bank
1787:Keells Food Products
1669:The Lighthouse Hotel
1659:The Fortress Resorts
1496:John Keells Holdings
1266:"Sri Lanka 100 2019"
741:Fair value LKR (mns)
512:Total equity LKR mns
430:accused Lionhart of
1573:Dankotuwa Porcelain
1364:←
1080:. Wijeya Newspapers
496:
432:pumping and dumping
420:Dankotuwa Porcelain
409:on 1 January 1970.
366:Dankotuwa Porcelain
333:Ambeon Holdings PLC
191:Sajeeva Narangoda (
21:
20:Ambeon Holdings PLC
2001:Ceylinco Insurance
1909:Nations Trust Bank
1858:Nawaloka Hospitals
1777:Harischandra Mills
1752:Ceylon Cold Stores
1747:Carson Cumberbatch
1705:Singer (Sri Lanka)
1644:John Keells Hotels
1531:Softlogic Holdings
1456:Access Engineering
494:
424:stock manipulation
292:Ambeon Capital PLC
193:Executive Director
121:Financial services
19:
2094:
2093:
2039:Sri Lanka Telecom
2025:Telecommunication
1818:Personal Products
1807:Sunshine Holdings
1726:Cargills (Ceylon)
1679:Trans Asia Hotels
1597:Consumer Services
1471:Brown and Company
1435:Swisstek (Ceylon)
1363:
1273:brandirectory.com
970:Wijeya Newspapers
834:
833:
722:
721:
403:Brown and Company
330:
329:
2134:
1985:Vallibel Finance
1950:Capital Alliance
1792:Lanka Milk Foods
1654:TAL Lanka Hotels
1639:Jetwing Symphony
1476:Colombo Dockyard
1359:
1353:
1346:
1339:
1330:
1329:
1324:Official website
1311:
1310:
1308:
1306:
1291:
1285:
1284:
1282:
1280:
1270:
1262:
1256:
1255:
1253:
1251:
1232:
1226:
1225:
1223:
1221:
1206:
1200:
1199:
1197:
1195:
1180:
1174:
1173:
1171:
1169:
1154:
1148:
1147:
1145:
1143:
1128:
1122:
1121:
1115:
1113:
1096:
1090:
1089:
1087:
1085:
1067:
1061:
1060:
1058:
1056:
1041:
1035:
1034:
1032:
1030:
1014:
1008:
1007:
1005:
1003:
987:
981:
980:
978:
976:
965:The Sunday Times
955:
949:
948:
946:
944:
923:
917:
916:
914:
912:
898:
892:
891:
889:
887:
877:
869:
794:MillenniumIT ESP
732:
731:
497:
493:
456:MillenniumIT ESP
370:MillenniumIT ESP
348:Walker and Greig
318:
315:
281:
280:
274:
264:
263:
257:
247:
246:
230:
229:
221:Operating income
210:
209:
148:
146:
141:
94:
29:
22:
18:
2142:
2141:
2137:
2136:
2135:
2133:
2132:
2131:
2097:
2096:
2095:
2090:
2086:Overseas Realty
2064:
2043:
2026:
2020:
2016:Union Assurance
1989:
1938:
1862:
1853:Lanka Hospitals
1835:
1829:
1817:
1811:
1730:
1709:
1683:
1629:Hayleys Leisure
1592:
1568:Ambeon Holdings
1556:
1540:
1511:Renuka Holdings
1444:
1420:Dipped Products
1393:
1372:
1357:
1320:
1315:
1314:
1304:
1302:
1293:
1292:
1288:
1278:
1276:
1268:
1264:
1263:
1259:
1249:
1247:
1234:
1233:
1229:
1219:
1217:
1208:
1207:
1203:
1193:
1191:
1182:
1181:
1177:
1167:
1165:
1156:
1155:
1151:
1141:
1139:
1130:
1129:
1125:
1111:
1109:
1098:
1097:
1093:
1083:
1081:
1068:
1064:
1054:
1052:
1043:
1042:
1038:
1028:
1026:
1015:
1011:
1001:
999:
988:
984:
974:
972:
956:
952:
942:
940:
924:
920:
910:
908:
899:
895:
885:
883:
875:
871:
870:
859:
854:
842:
730:
503:Revenue LKR mns
492:
468:
444:
428:Harsha de Silva
415:
383:
378:
357:Harsha de Silva
340:holding company
326:
312:
270:
253:
240:
223:
198:
179:
172:
168:
144:
142:
139:
130:
106:Holding company
90:
71:
52:
32:
17:
12:
11:
5:
2140:
2130:
2129:
2124:
2119:
2114:
2109:
2092:
2091:
2089:
2088:
2083:
2078:
2072:
2070:
2066:
2065:
2063:
2062:
2057:
2051:
2049:
2045:
2044:
2042:
2041:
2036:
2030:
2028:
2022:
2021:
2019:
2018:
2013:
2008:
2003:
1997:
1995:
1991:
1990:
1988:
1987:
1982:
1977:
1972:
1967:
1962:
1957:
1952:
1946:
1944:
1940:
1939:
1937:
1936:
1931:
1926:
1921:
1916:
1911:
1906:
1901:
1896:
1891:
1886:
1881:
1876:
1870:
1868:
1864:
1863:
1861:
1860:
1855:
1850:
1845:
1839:
1837:
1831:
1830:
1828:
1827:
1821:
1819:
1813:
1812:
1810:
1809:
1804:
1799:
1794:
1789:
1784:
1779:
1774:
1769:
1764:
1759:
1754:
1749:
1744:
1738:
1736:
1732:
1731:
1729:
1728:
1723:
1717:
1715:
1711:
1710:
1708:
1707:
1702:
1697:
1691:
1689:
1685:
1684:
1682:
1681:
1676:
1671:
1666:
1661:
1656:
1651:
1646:
1641:
1636:
1634:Hunas Holdings
1631:
1626:
1621:
1619:Citrus Leisure
1616:
1611:
1606:
1600:
1598:
1594:
1593:
1591:
1590:
1585:
1580:
1578:Hayleys Fabric
1575:
1570:
1564:
1562:
1558:
1557:
1555:
1554:
1548:
1546:
1542:
1541:
1539:
1538:
1533:
1528:
1523:
1521:Royal Ceramics
1518:
1513:
1508:
1503:
1498:
1493:
1491:Hemas Holdings
1488:
1483:
1478:
1473:
1468:
1463:
1458:
1452:
1450:
1446:
1445:
1443:
1442:
1437:
1432:
1427:
1422:
1417:
1412:
1407:
1401:
1399:
1395:
1394:
1392:
1391:
1386:
1380:
1378:
1374:
1373:
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1355:
1348:
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1333:
1327:
1326:
1319:
1318:External links
1316:
1313:
1312:
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1123:
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1062:
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547:
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540:
539:
536:
533:
530:
527:
524:
520:
519:
518:per share LKR
513:
510:
509:Assets LKR mns
507:
506:Profit LKR mns
504:
501:
491:
488:
484:Hayleys Fabric
467:
464:
443:
440:
436:the parliament
414:
411:
382:
379:
377:
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328:
327:
320:
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314:ambeonholdings
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88:
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81:
72:
67:
64:
63:
58:
54:
53:
51:
50:
47:
44:
40:
38:
34:
33:
30:
15:
9:
6:
4:
3:
2:
2139:
2128:
2125:
2123:
2120:
2118:
2115:
2113:
2110:
2108:
2105:
2104:
2102:
2087:
2084:
2082:
2079:
2077:
2074:
2073:
2071:
2067:
2061:
2058:
2056:
2053:
2052:
2050:
2046:
2040:
2037:
2035:
2034:Dialog Axiata
2032:
2031:
2029:
2023:
2017:
2014:
2012:
2009:
2007:
2004:
2002:
1999:
1998:
1996:
1992:
1986:
1983:
1981:
1978:
1976:
1975:LOLC Holdings
1973:
1971:
1968:
1966:
1963:
1961:
1958:
1956:
1953:
1951:
1948:
1947:
1945:
1941:
1935:
1932:
1930:
1927:
1925:
1922:
1920:
1917:
1915:
1914:Pan Asia Bank
1912:
1910:
1907:
1905:
1902:
1900:
1897:
1895:
1892:
1890:
1887:
1885:
1882:
1880:
1879:Cargills Bank
1877:
1875:
1872:
1871:
1869:
1865:
1859:
1856:
1854:
1851:
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1836:and Services
1721:C T Holdings
1588:Teejay Lanka
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1552:Kelani Tyres
1536:Vallibel One
1440:Tokyo Cement
1430:JAT Holdings
1415:CIC Holdings
1303:. Retrieved
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1246:. 6 May 2009
1240:adaderana.lk
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298:Subsidiaries
272:Total equity
255:Total assets
161:Headquarters
92:LK0168N00001
57:Company type
2069:Real Estate
1929:Seylan Bank
1501:Lanka Tiles
1118:PressReader
477:companies.
156:John Walker
126:Real estate
2101:Categories
1965:LB Finance
1874:Amana Bank
1802:Melstacorp
1461:ACL Cables
1389:LAUGFS Gas
1305:17 January
1279:17 January
1250:17 January
1244:Ada Derana
1220:17 January
1194:16 January
1188:Daily News
1168:16 January
1142:16 January
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1029:17 January
1023:Daily News
1002:16 January
975:16 January
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933:Daily News
911:16 January
886:16 January
852:References
735:Subsidiary
516:Net assets
466:Operations
448:consortium
238:Net income
178:Key people
145:1910-12-29
79:GREG.N0000
2060:WindForce
2048:Utilities
1994:Insurance
1889:DFCC Bank
1782:HVA Foods
1688:Retailing
1398:Materials
1384:Lanka IOC
1370:Sri Lanka
1214:lmd100.lk
1210:"LMD 100"
744:Activity
458:from the
344:Sri Lanka
342:based in
171:Sri Lanka
69:Traded as
2027:Services
1924:SDB bank
1299:Daily FT
1077:Daily FT
840:See also
490:Finances
395:Haputale
303:See text
99:Industry
37:Formerly
1486:Hayleys
1425:Haycarb
824:100.00%
649:(1,642)
549:(2,103)
391:Badulla
376:History
309:Website
203:Revenue
166:Colombo
153:Founder
143: (
135:Founded
77::
1767:Dilmah
1405:Alumex
1377:Energy
880:cse.lk
811:74.17%
798:60.75%
782:77.51%
766:77.63%
752:99.90%
718:22.97
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572:24,462
566:10,554
558:17.67
552:21,823
538:24.99
535:10,623
532:22,892
526:14,155
288:Parent
61:Public
1867:Banks
1269:(PDF)
876:(PDF)
785:2,765
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715:9,123
709:(226)
706:3,314
695:8,356
689:(678)
686:3,799
675:8,313
666:3,535
655:7,392
646:3,098
635:7,859
626:3,868
615:8,893
606:4,528
595:9,353
586:9,438
575:9,775
555:7,909
546:9,596
529:2,519
335:is a
1700:Odel
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683:2014
669:(58)
663:2015
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563:2020
543:2021
523:2022
500:Year
316:.com
86:ISIN
827:509
755:538
678:23
629:394
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589:864
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479:LMD
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434:in
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