LAUGFS Holdings Limited, one of Sri Lanka’s largest diversified conglomerates with a portfolio of over 20 companies spanning multiple industries, and the only company in Sri Lanka with its own lubricant blending license, under LAUGFS Lubricants, a brand known locally and internationally, which has recently ventured into the international arena. market to expand its service offering in the Maldives as part of the LAUGFS strategic plan to enter new international markets.
The signing was attended by representatives of LAUGFS Lubricants: Director/CEO of the Cluster – Dr. Niroshan J Pieries, Chief Operating Officer – Mr. Samantha Herath, International Market Development Director – Mr. Pradeepan Sivarajah, and representatives of Mechanism Maldives (Pvt) Ltd: General Manager – Mr. Adam Ali and the Director – Mr. Tremayne Pereira.
Speaking to the Cluster Director / CEO, LAUGFS Lubricants, Dr. Niroshan J Pieries at the signing noted, “We are pleased to partner with Mechanism Maldives (Pvt) Ltd as they share our vision and values to deliver service and product excellence for all our users. As As we enter the Maldives market, we are confident of our ability to meet the growing needs of the market at the time and to further strengthen LAUGFS’s presence in Asia as the only Sri Lankan brand.”
With the creation in 2008 of LAUGFS Lubricants Limited, a wholly owned subsidiary of LAUGFS Holdings, the brand is strengthened by the strong reputation of the parent company, which has helped it win over key influencers and users ends by building trust, credibility and honesty. The expansion in the Maldives is the second international expansion for LAUGFS Lubricants, following its initial expansion in Bangladesh. Mechanism Maldives (Pvt) Ltd is widely recognized for its manufacture, supply, service and commissioning of RO desalination plants and wastewater treatment plants, supply and installation of generators, supply and installation of storage tanks , design and installation of total MEP works in resorts and Hotels, and construction of swimming pools and installation of pool equipment and water heaters.
Commenting on the new partnership, Managing Director of Mechanism Maldives (Pvt) Ltd, Mr. Adam Ali, stated: “We are delighted to partner with LAUGFS Lubricants Ltd and are excited to grow the business together. Providing products of this caliber to the local markets in the Maldives will allow us to meet the growing market gap by creating more business and international growth opportunities”.
With the LAUGFS Lubricant Testing Laboratory named the first petroleum laboratory in Sri Lanka to receive ISO/IEC 17025:2017 accreditation in the field of oil and lubricants, and now with the brand’s entry into the Maldives, both feats mark another monumental milestone. for LAUGFS lubricants. Ensuring complete protection for vehicle owners/users with quality maintenance and local and international standards, LAUGFS Lubricants adds value to the consumer by providing international quality lubricants suitable for Maldives conditions and suit every category of vehicles , resulting in engine durability and power maintenance. , and fuel economy with low emissions leading to better environmental care.
The SL Accreditation Council together with the Global Accreditation Society awarded LAUGFS Lubricants ISO 17025:2017 for its state-of-the-art laboratory. In addition, the company holds licenses from the American Petroleum Institute (API), which sets international industry standards for motor oils, and the Japanese Automotive Standards Organization (JASO MA), as well as the “Original Equipment Manufacturer (OEM)” certifications from well-known car manufacturers.
