List of Companies in Sri Lanka that have Recently Sold

Name	Sector	Revenue $mlns	M&A Activity			Last 5 Years
Name	Sector	Revenue $mlns	Total	Buy	Sell	Last 5 Years
Michelin - Midigama Tyre Division and Casting Product Division Acquired CEAT 2024-12-06 Sri Lanka	Automotive	-	-	-	-
Findmyfare PE Backed Ironwood Capital Partners 2020-09-28 Colombo, Sri Lanka website	Internet Software and Services	-	-	-	-
Colombo Coffee PE Backed Ironwood Capital Partners Crossbrand Investments Akbar Brothers (Pvt) Ltd. (The Akbar Group) 2019-12-19 Colombo, Sri Lanka website	Beverages	-	-	-	-
JADS Enterprises (Private) Ltd. Acquired Ceylon Graphite 2017-10-11 Sri Lanka	Metals/Mining	-	-	-	-
Grant Group Acquired Dentsu International 2017-03-30 Colombo, Sri Lanka website	Marketing	-	-	-	-
Randstad Lanka Pvt Ltd. Acquired Quess Corp 2015-10-26 Colombo, Sri Lanka	Staffing	-	-	-	-
Hands International Pvt Ltd. Acquired Ansell 2014-11-06 Colombo, Sri Lanka website	Apparel/Textiles	-	-	-	-
Aviva NDB Finance Lanka Pvt. Ltd. Acquired AIA Group 2012-12-05 $109M Colombo, Sri Lanka	Insurance	-	-	-	-
NDB Aviva Wealth Management Ltd. Acquired National Development Bank 2012-09-27 Colombo, Sri Lanka website	Insurance	-	-	-	-
Ceylon Oxygen Ltd. Acquired The Linde Group 2010-10-16 Colombo, Sri Lanka	Chemicals	-	-	-	-
Central Hospital (Pvt) Ltd. PE Backed The Abraaj Group 2009-12-01 Colombo, Sri Lanka website	Healthcare Services	-	-	-	-
Watawala Plantations Plc PE Backed The Abraaj Group 2008-08-01 Colombo, Sri Lanka	Food	-	-	-	-
Skynet Information System (Pvt) Ltd. Acquired BT Group 2005-05-04 Sri Lanka website	Information Technology	-	-	-	-
Akbar Brothers (Pvt) Ltd. (The Akbar Group) Private Colombo, Sri Lanka website	Diversified	-	1	1	-
Asiri Hospital Private Colombo, Sri Lanka website	Healthcare Services	-	-	-	-
South Asia Gateway Terminals (Pvt.) Ltd Private Colombo, Sri Lanka website	Infrastructure	-	-	-	-

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