Elpitiya Plantations PLC (EPP) is one of Sri Lanka’s most profitable Regional Plantation Companies (RPC) cultivating tea, rubber, oil palm and other crops in 8,800 hectares across 13 estates. With its ambitious management interventions with privatisation in 1997 has enabled EPP to transform from a commodity based business model to a more strategic venture in non-traditional crops, renewable energy, speciality tea and others. After being listed on the Colombo Stock Exchange in 1997, the debt-ridden EPP’s performance and financial position was vulnerable, with accumulated losses amounting to Rs. 305 Mn and the EPP ranked 22nd amongst the 23 plantation companies. Thus with a bold business move Aitken Spence Plantation Managements Limited (ASPM) made the acquisition as the only bidder . After the acquisition the , ASPM made significant investments in stabilising EPP and ensuring its business and social sustainability for the future. This strategic focus included crop and business diversification, factory development, digitalisation, and sustainability thus exceeding financial aspirations and leading to sustainably enabled venture.
Company Details
- Employees
- 82
- Founded
- -
- Address
- 315 Vauxhall Street, Colombo,western Province 00200,sri Lanka
- Industry
- Agricultural Chemical Manufacturing
- NAICS
-
Pesticide, Fertilizer, and Other Agricultural Chemical ManufacturingFertilizer ManufacturingPesticide and Other Agricultural Chemical ManufacturingNitrogenous Fertilizer ManufacturingPhosphatic Fertilizer ManufacturingFertilizer (Mixing Only) Manufacturing
- Website
- elpitiya.com
- Keywords
- Aitken Spence.
- HQ
- Colombo, Western Province
Elpitiya Plantations Plc Questions
Elpitiya Plantations Plc's website is elpitiya.com
Elpitiya Plantations Plc's LinkedIn profile is https://lk.linkedin.com/company/elpitiya-plantations-plc
Elpitiya Plantations Plc has
82 employees.
View email and phone details for 82
employees at Elpitiya Plantations Plc.
Elpitiya Plantations Plc's industry is
Agricultural Chemical Manufacturing
Elpitiya Plantations Plc's top competitors are
Browns Plantations,
Aitken Spence,
Axel Industries Pvt Ltd,
Mas Holdings,
Aitken Spence Plantation Managements Plc,
Spring Pal,
A. Baur & Co. (Pvt.) Ltd.,
John Keells Holdings Plc,
Bogawantalawa Tea,
Watawala Plantations.
Elpitiya Plantations Plc's categories are Agricultural Chemical Manufacturing
Elpitiya Plantations Plc's founding year is 1997
