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Lankem group buys injection moulding firm

29 May 2017 10:14 am - 0     - {{hitsCtrl.values.hits}}

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Lankem Ceylon PLC, which has interests in chemicals, paints, agri-inputs, consumer, packaging and leisure sectors said, it bought a company engaged in the business injection moulding, a manufacturing technology used to make a wide range of plastic products.
 Accordingly, the acquisition of Alliance Five (Pvt) Limited was carried out through Lankem Ceylon’s fully owned subsidiary J.F. Packaging (Pvt) Limited for Rs.150 million.
 Lankem Ceylon fully acquired J.F. Packaging this April by purchasing the balance 27.5 percent stake in the company for Rs.320 million.

 

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See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 

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