Topic summary

MAS Holdings

Sri Lankan apparel company MAS HoldingsNative nameඇම්.ඒ.එස්. හෝල්ඩින්ග්ස්FormerlySigma Industries(1984 – 1987)TypePrivateIndustryApparel & TextileFounded1987; 39 years ago (1987)in Panadura, Sri LankaFoundersMahesh AmaleanSharad AmaleanAjay AmaleanHeadquartersColombo, Sri LankaAreas served16 countriesKey peopleDeshamanya Mahesh Amalean (Chairman)Sharad Amalean (Deputy Chairman)Ajay Amalean (Co-Founder)Suren Fernando (CEO)ProductsIntimate wearSports and active wearPerformance wearTextilesITBrandsIndustrial parksSwimwear amantè, Become (clothing), SpryngRevenueUS$ 2 Billion ( 2018 )Number of employees99,000+ ( 2019 )SubsidiariesMAS Intimates (Pvt) LtdMAS Active (Pvt) LtdMAS Kreeda (Pvt) LtdMAS Brands (Pvt) Ltdattune Consulting rizingBodyline (Pvt) LtdWebsitemasholdings.com MAS Holdings is a Sri Lankan apparel manufacturer. The company was founded in 1987 by Mahesh, Sharad and Ajay Amalean. MAS Holdings began as an underwear manufacturer and later diversified into sportswear, performance wear and swimwear. MAS Holdings has 53 manufacturing facilities in 17 countries employing over 100,000 people globally (Sri Lanka - 90,040 in 2021/22). The com