Shaw Wallace Ceylon Ltd (subsidiary of Renuka Holdings PLC) and McLarens Holdings Ltd signed a joint venture agreement yesterday by forming McShaw Automotive Ltd to create an islandwide extensive automotive distribution channel.
The new joint venture, McShaw Automotive Ltd, aims to be the acknowledged market leader in the automotive sector in Sri Lanka excelling through global partnerships, innovation and technology while growing organically and by acquisition.
The company will be actively focusing on its business sectors inherited from the joint venture partners which include distribution of lubricants, car care products, tyres and tubes, batteries, auto parts and automobile fleet management.
The company's product portfolio includes Mobil automotive and industrial lubricants, Delphi Lockheed brake oil, Dunlop two wheeler tyres, Pioneer three wheeler tyres, Grip vehicle tubes and Cyclo car care products.
McShaw Automotive Ltd has a team of over 50 personnel in the automotive sector and will be covering the segments of key accounts, nominated dealers, direct dealers, franchise car dealers, service stations, fuel stations, retailers, spare part shops, individual workshops and franchise workshops.
The Board of Directors for McShaw Automotive Ltd comprises Rohan de Silva, Dr Ranjit Rajiyah, Shamindra Rajiyah, Dinesh Jayawardana, Shehara Jayawardana, Indu Rajiyah, Hemantha Varnasooriya, Bri Ponnambalam, Nissanka Gunesekera and Calitus Pullenayegam.
source - www.dailynews,lk
No comments:
Post a Comment