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Sunshine Holdings

From its modest beginnings in 1967 as a retail pharmaceutical company, today Sunshine Holdings has crossed borders to become a public listed diversified conglomerate. Spearheaded by strong family values and ethics based on responsible entrepreneurship, the Company has a history of fostering long term human relationships.

Pioneering among industries such as Healthcare, Tea Exports, Retail, Renewable Energy, Agribusiness, Palm Oil, Dairy and Consumer Goods, the group employs over 11,000 personnel recording an annual revenue exceeding 21 billion.

Aiming towards becoming the most revered conglomerate of Sri Lanka, Sunshine Holdings has to its name many accolades including the honour of being recognised among the ‘Ten Most Admired Companies’ of the country.

Celebrating 50 Years

Group Credentials

  • Owns the “No.1” tea brand in Sri Lanka with over 34% market share.
  • Recognised as one of Top Ten Most Admired Companies in Sri Lanka.
  • Launched Sunshine Foundation for Good – A CSR Innovative program to charity.
  • Very successful conglomerate, listed in Colombo Stock Exchange.
  • Awarded “The Most Innovative Holdings Group in Sri Lanka 2016” at the Global Banking and Finance Review Awards – UK.
  • Owns and successfully manages a “state-of-the-art” Tea processing plant.

Our Story

1991 - 1992

  • Joint Venture with Tata Tea (Tata Global Beverages) by setting up Estate Management services.

1996 - 1998

  • Acquired Watawala Plantations, a regional plantation company listed on the Colombo Stock Exchange.

2000

  • Entered into the Branded Tea business with “Zesta” Tea.

2005

  • Diversified into Printing and Packaging solutions for Beverages and Confectionery industry via acquisition of Sunshine Packaging Lanka Limited.

2008

  • Diversified into Telecommunications by acquiring 10% of Tata communications Lanka.
  • Aureos Capital acquired 25% stake in Sunshine Holdings.
  • Watawala Plantations achieved ‘Super Brand’ status.
  • Launched edible oil brand ‘Oliate’. Developed the first Palm Oil refinery by a Plantation company in Sri Lanka.

2010

  • Established Sunshine energy.

2011 - 2012

  • Commissioned the group’s first renewable Energy plant at Lower Waltrim mini-hydro plant.

2014

  • Launch of ‘Ran Kahata’ and ‘Zest’ water.

2016

  • Opening of the Zesta gift boutique at Liberty Plaza.

2017

  • Strategic partnership with SBI Japan to establish a country office in Sri Lanka (2017 - 2018)
  • Sole representative of 3M's Healthcare portfolio in Sri Lanka (2017 - 2018)

2018

  • Top 10 ‘Most Admired Companies of Sri Lanka’
  • Business Today - Top 30
  • Bronze Award - CA Annual Report Awards - 10 subsidiaries or more category

2019

  • Silver Award - CFA Capital Market Awards

2020

  • Annually ranked in the LMD 100, Most Respected Entities and Top 100 Financial Profile and Share Profile.
  • Buyout and 100% ownership of Watawala Tea Ceylon Limited.
  • Acquisition of Daintee Limited (a prominent confectionary producer)