LAUGFS Celebrates 30 Years of Purpose, Progress, and Innovation

LAUGFS Holdings Ltd., a major Sri Lankan conglomerate, is celebrating its 30th anniversary. Established in 1995 as Gas Auto Lanka, the company has since grown into a diverse group with over 20 companies operating across various sectors, including power, energy, retail, and manufacturing. The group’s success is attributed to its strategic diversification, with key ventures like LAUGFS Gas, a leading regional energy provider, and LAUGFS Rubber, a globally recognized exporter. Other notable businesses include LAUGFS Supermarkets, LAUGFS Eco Sri, and its luxury resort arm, LAUGFS Leisure.

Reflecting on this milestone, Group Chairman Dr. W.K.H. Wegapitiya highlighted the company’s commitment to innovation and national responsibility. Group Deputy Chairman Thilak De Silva and Group Managing Director Dr. Ravi Edirisinghe emphasized the importance of their people and the focus on global expansion and sustainable solutions. The company’s journey is also characterized by a strong commitment to corporate social responsibility, with a focus on supporting education, healthcare, and environmental sustainability. As it enters its fourth decade, LAUGFS aims to further expand its global footprint while continuing to contribute to Sri Lanka’s development.

Source: https://www.ft.lk/business/LAUGFS-celebrates-30-years-of-purpose-progress-and-innovation/34-780453