Melstacorp PLC is a Sri Lankan diversified conglomerate. It is listed in the

Colombo Stock Exchange The Colombo Stock Exchange (CSE) ( si, කොළඹ ව්‍යාපාර වස්තු හුවමාරුව, translit=Kolamba Vyapara Vasthu Huvamaruva; ta, கொழும்பு பங்கு பரிவர்த்தனை) i ...

. Melstacorp PLC is one of the 10 largest listed companies. It has a market capitalization of approximately USD 450 million.

Deshamanya Deshamanya ( si, දේශමාන්‍ය, translit=Dēshamāṉya; ta, தேசமான்ய, translit=Tēcamāṉya; Pride of the Nation) is the second-highest national honour of Sri Lanka awarded by the Government of Sri Lanka as a ...

Harry Jayawardena Don Harold Stassen Jayawardena (born 17 August 1942 in Ja-Ela, Sri Lanka), known as Harry Jayawardena, is a Sri Lankan industrialist. He is chairman of Melstacorp PLC and is the Honorary Consul General for Denmark in Sri Lanka. Forbes listed ...

is the Chairman .

Lines of business

Melstacorp subsidiaries are involved in industries such as Distilling, bottling and distribution of liquor, Insurance, Health, Manufacturing, Logistics, ICT, Telecommunications, Energy, Tea and Rubber Plantations, Hospitality, Property Development, Brand Management, and in Advertising. It is the holding company of Distilleries Company of Sri Lanka PLC. In addition to Distilleries Company of Sri Lanka PLC, Melstacorp PLC also owns the liquor manufacturing Company named Periceyl Private Limited (100%), Milford Holdings (Private) Limited (100%), Aitken Spence & Co. PLC (51%), Melsta Logistics (Private) Limited (100%), Melsta Technologies (Private) Limited (100%), Melsta Properties (Private) Limited (100%), Melsta Brands (Private) Limited (100%), Bellvantage (Private) Limited (100%), Continental Insurance Lanka Limited (100%), Splendor Media (Private) Limited (100%), Bogo Power (Private) Limited (98%), Balangoda Plantations PLC (58.6%), Madulsima Plantations PLC (55.9%), Browns Beach Hotels PLC (42%), Melsta Tower (Private) Limited (100%), Melsta Health (Melsta Hospital Ragama, Melsta Laboratories, Joseph Fraser Memorial Hospital), Melsta Gama, Texpo Industries Limited, Lanka Bell Limited and Bell Solutions Pvt Ltd.

History

Melstacorp PLC was originally formed as Beruwala Distillery (Private) Limited in 1995.

Distilleries Company of Sri Lanka Distilleries Company of Sri Lanka PLC (DCSL) is a diversified Sri Lankan conglomerate listed on the Colombo Stock Exchange with a market capitalisation of US$600 Million. It was one of the first Sri Lankan companies to be listed in Forbes's Best ...

(DCSL) acquired the Company and renamed it Melstacorp Limited in order to subsequently make it the holding Company of the then DCSL group. All subsidiary companies of DCSL were transferred to the Company between 2010 and 2015. In 2016 through a 180 degree share swap, Melstacorp became the holding company of DCSL. After the share swap Melstacorp was listed in the

on 30 December 2016.

References

Conglomerate companies of Sri Lanka Distilleries Company of Sri Lanka Drink companies of Sri Lanka Companies listed on the Colombo Stock Exchange {{SriLanka-company-stub