Softlogic Holdings

Softlogic Holdings PLC is a diversified conglomerate in Sri Lanka engaged in ICT, Healthcare, Retail, Financial Services, Automobiles and Leisure^[1][2]

History

Softlogic began as an software development company in 1991 by Ashok Pathirage and twelve employees. The company later succesfully obtained the Dell authorised distributorship in Sri Lanka. Softlogic ventured into the telecommunications sector with a partnership with Dialog Axiata offering corporate and individual Dialog GSM packages. Pathirage who realised the potential of mobile communications aqquired the national dealership of Nokia in year 2000.^[2][3] Softlogic went through a period of agressive growth between 2006 and 2009 where they entered the retail sector with the acquisition of Uni Walkers (Pvt) Ltd. Softlogic which had begun to diversify entering retail and lifestyle sectors opened furniture stores and showrooms island wide. Softlogic became the authorised dealer for Panasonic, Samsung, Nokia, Dell, Apple, Candy, Russell Hobbs, Kelvinator adding the brand names within its fold of Consumer Electronics. The branded apparel sector was also growing with the authorised distributor status for the jeanswear brand ‘Levis’ in 2009.^[2]

Later Softlogic acquired and renovated Ceysands Hotels and Resorts jointly with Centara chain of Hotels. They also acquired Asiri group of hospitals as well as a large stake in the retail chain ODEL and is currently building a 5-star hotel with Movenpick in Colombo.^[2][4][5]

References

1. ↑ "Mango opens first store in Colombo". Daily News. 27 December 2011. Retrieved 12 September 2016. 
2. 1 2 3 4 "Our History". www.softlogic.lk. Softlogic. Retrieved 12 September 2016. 
3. ↑ "Simple Business Logic". 
4. ↑ "Softlogic Holdings PLC". www.softlogic.lk. Softlogic. Retrieved 12 September 2016. 
5. ↑ "Softlogic on target with new ODEL mall, Kandy hospital and Movenpick Hotel |". The Sunday Times. Retrieved 12 September 2016.