LAUGFS Holdings Ltd., one of Sri Lanka’s largest diversified business conglomerates, celebrated 25 years in business recently. Its inception was Gas Auto Lanka, a business that introduced liquefied petroleum gas (LPG) as an alternate fuel for motor vehicles. Currently, the group is present in 20 industries and has expanded beyond Sri Lankan borders. Its annual revenue exceeds $ 300 million and is backed by an employee cadre of 3,500.
Speaking on the occasion, LAUGFS Holdings Ltd. Group Chairman W.K.H. Wegapitiya said: “25 years ago, we began our journey to draw out the infinite potential of our nation and its people. Although we had humble beginnings, we were filled with the determination to achieve greatness. 25 years later, we have touched the lives of millions of Sri Lankans and are a leading name across the industries in which we operate.”
In the year 2000, LAUGFS opened the first 24-hour supermarket in Sri Lanka; in 2001, LAUGFS Gas initiated operations. With its strategic vision to become a dominant player in the LPG industry, LAUGFS set on to create an overarching LPG supply chain; from trading to shipment, storage, and transport. In line with this vision, the group acquired three seafaring vessels; Gas Challenger, Gas Success, and Gas Courage which are used in the transportation of LPG. Moreover, LAUGFS owns the largest LPG Transhipment Terminal in South Asia, located within the Hambantota Port and operated under LAUGFS Terminals.
Between 2004 and 2010, LAUGFS Petroleum, LAUGFS Corporation (Rubber), LAUGFS Salt & Chemicals, and JADE Restaurants were founded. In 2008, Eco Sri began operations in co-operation with the Government of Sri Lanka to engage in vehicle emission testing across the island, with the forward-thinking vision of a greener tomorrow. LAUGFS Lubricants became Sri Lanka’s first local lubricant brand, making it another industry first for LAUGFS.
Setting its sights to the horizon, the group continued its expansion in the years that followed, with the establishment of LAUGFS Gas Bangladesh in one of the largest emerging energy markets in the region, and SLOGAL Energy DMCC in Dubai as the energy trading arm of LAUGFS. Locally, the group continued to extend its frontiers in the energy industry through its launch of LAUGFS Power, now operating multiple hydro and solar power projects in Sri Lanka, including the operation of the largest solar power plant in the country.
LAUGFS entered the leisure industry with LAUGFS Leisure and the establishment of Anantaya Resort and Spa Chilaw, earning hallmark accolades for customer excellence which would go on to be achieved by its sister location; Anantaya Resort & Spa Pasikudah.
Recently, the group has expanded into the healthcare industry through its establishment of LAUGFS Life Sciences (Pvt.) Ltd. and LAUGFS Pharmaceuticals (Pvt.) Ltd. LAUGFS Life Sciences has initiated its intravenous (IV) saline project with plans to develop other IV-related products in the future and LAUGFS Pharmaceuticals will be developing a range of pharmaceutical products. LAUGFS Holdings celebrates 25 years
19 Aug 2020
LAUGFS Holdings celebrates 25 years
19 Aug 2020
LAUGFS Holdings Ltd., one of Sri Lanka’s largest diversified business conglomerates, celebrated 25 years in business recently. Its inception was Gas Auto Lanka, a business that introduced liquefied petroleum gas (LPG) as an alternate fuel for motor vehicles. Currently, the group is present in 20 industries and has expanded beyond Sri Lankan borders. Its annual revenue exceeds $ 300 million and is backed by an employee cadre of 3,500.
Speaking on the occasion, LAUGFS Holdings Ltd. Group Chairman W.K.H. Wegapitiya said: “25 years ago, we began our journey to draw out the infinite potential of our nation and its people. Although we had humble beginnings, we were filled with the determination to achieve greatness. 25 years later, we have touched the lives of millions of Sri Lankans and are a leading name across the industries in which we operate.”
In the year 2000, LAUGFS opened the first 24-hour supermarket in Sri Lanka; in 2001, LAUGFS Gas initiated operations. With its strategic vision to become a dominant player in the LPG industry, LAUGFS set on to create an overarching LPG supply chain; from trading to shipment, storage, and transport. In line with this vision, the group acquired three seafaring vessels; Gas Challenger, Gas Success, and Gas Courage which are used in the transportation of LPG. Moreover, LAUGFS owns the largest LPG Transhipment Terminal in South Asia, located within the Hambantota Port and operated under LAUGFS Terminals.
Between 2004 and 2010, LAUGFS Petroleum, LAUGFS Corporation (Rubber), LAUGFS Salt & Chemicals, and JADE Restaurants were founded. In 2008, Eco Sri began operations in co-operation with the Government of Sri Lanka to engage in vehicle emission testing across the island, with the forward-thinking vision of a greener tomorrow. LAUGFS Lubricants became Sri Lanka’s first local lubricant brand, making it another industry first for LAUGFS.
Setting its sights to the horizon, the group continued its expansion in the years that followed, with the establishment of LAUGFS Gas Bangladesh in one of the largest emerging energy markets in the region, and SLOGAL Energy DMCC in Dubai as the energy trading arm of LAUGFS. Locally, the group continued to extend its frontiers in the energy industry through its launch of LAUGFS Power, now operating multiple hydro and solar power projects in Sri Lanka, including the operation of the largest solar power plant in the country.
LAUGFS entered the leisure industry with LAUGFS Leisure and the establishment of Anantaya Resort and Spa Chilaw, earning hallmark accolades for customer excellence which would go on to be achieved by its sister location; Anantaya Resort & Spa Pasikudah.
Recently, the group has expanded into the healthcare industry through its establishment of LAUGFS Life Sciences (Pvt.) Ltd. and LAUGFS Pharmaceuticals (Pvt.) Ltd. LAUGFS Life Sciences has initiated its intravenous (IV) saline project with plans to develop other IV-related products in the future and LAUGFS Pharmaceuticals will be developing a range of pharmaceutical products. Kapruka
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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!