Monthly Archives: January 2018

Hemas Consolidates FMCG position by acquiring Atlas—Sri Lanka’s most loved brand of 2017

19th January 2018, Colombo; Hemas Holdings PLC acquired 75.1% of Atlas Axillia Co (Pvt) Ltd, Sri Lanka’s leading School and Office brand, for a consideration of Rs. 5.7 billion. The existing shareholders of Atlas will retain a stake of 24.9% … Continue reading

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