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Nestlé Lanka

Formerly	Nestlé Ceylon Company (1906-1980)
Company type	Private
ISIN	LK0128N00005
Industry	Food processing
Founded	1906; 118 years ago (1906) in Colombo
Founder	Anglo-Swiss Condensed Milk Company
Headquarters	189, T. B. Jayah Mawatha, Colombo 10, Sri Lanka
Area served	Worldwide
Key people	Suresh Narayanan (Chairman) Joselito Avanceña (Managing Director)
Products	Baby food coffee dairy products breakfast cereals confectionery bottled water ice cream pet foods
Revenue	LKR73.707 billion (2022)
Operating income	LKR7.869 billion (2022)
Net income	LKR6.075 billion (2022)
Total assets	LKR46.894 billion (2022)
Total equity	LKR10.742 billion (2022)
Parent	Nestlé
Website	www.nestle.lk
Footnotes / references

Nestlé Lanka (previously known as Nestlé Ceylon Company) is a Sri Lanka–based foods company located in Colombo, Sri Lanka. Nestlé Lanka is a subsidiary of Nestlé, a Switzerland based company. Nestlé's products include baby food, medical food, bottled water, breakfast cereals, coffee and tea. The company was founded by the Anglo-Swiss Condensed Milk Company in 1906 and incorporated under Nestlé Ceylon Company. Nestlé Lanka is Sri Lanka's largest food company by revenue, with Rs 36.355 billion in 2019. The whole company is controlled by the Nestlé Switzerland parent company. Nestlé S.A. owns over 90 per cent total shares. Nestlé Lanka PLC became the seventh most valuable brand in Sri Lanka worth approximately Rs 21 billion in 2017.

Nestlé Lanka was listed on the Colombo Stock Exchange in 1981. The company has 1,200 employees and 23,000 distributors, suppliers and farmers. The company was renamed in 1980 as Nestlé Lanka PLC before being listed on the Stock Exchange. The company was delisted from Colombo Stock Exchange in 9 August 2023.

History

Nestlé Lanka was established in 1906 as Nestlé Ceylon Company one year after merging with Anglo-Swiss Condensed Milk Company in British Ceylon. The company was incorporated under Nestlé Ceylon Company to Nestlé Lanka PLC in 1980. Sri Lanka has been an agricultural-based country. British Empire helped boost agricultural production. The British government's first cocoa plant was introduced to Ceylon in early 1890. Early 20th-century raw cocoa was exported to Switzerland. Chocolate became popular government wanted to start the local chocolate market, in between this time Anglo-Swiss Condensed Milk Company established a branch in Sri Lanka in early 1906. Sri Lankan history Nestlé become most successful food company. Company brought numerous international brand such as Milo, Nescafé, Cerelac, KitKat and Maggi. Company-sponsored by local sports events and school sports tournaments. Nestlé Lanka PLC won numerous awards and become a number one company past hundred years. Post COVID-19 period Nestlé stock price drop 50% than previous year. Nestlé export most of their product such as Maggi Coconut Milk Nestomalt and Milo. Nestlé Lanka received permission from Securities and Exchange Commission of Sri Lanka to delist the company from Colombo Stock Exchange in 9 August 2023.

Brands and products

Nestlé Lanka is the market leader in Sri Lanka food products with a presence in over 20 food categories such as tea, milk, chocolate, cereal and fast food amongst others with over 20 million local customers consumption.

See also

• List of food companies
• List of largest companies in Sri Lanka

References

1. "Media contacts". Nestlé. Retrieved 2021-04-16.
2. "Annual Report 2022/23" (PDF). cse.lk. Nestlé Lanka. 2023. Retrieved 30 August 2023.
3. "Sri Lanka's most valuable and strongest brands in 2018" (PDF). Brand Finance. April 2018.
4. "Nestlé in Sri Lanka". Nestlé. Retrieved 2021-04-16.
5. "Nestlé Lanka PLC Annual Report 2016" (PDF). Nestlé. May 2016.
6. "Milo Schools President's Trophy Knockout | The Sunday Times Sri Lanka". Retrieved 2021-04-16.
7. "Nestlé ranked No.1". bizenglish.adaderana.lk. Retrieved 2021-04-16.
8. "Sri Lanka stocks end 1.14-pct higher". EconomyNext. 2021-04-15. Retrieved 2021-04-16.
9. Nadeera, Dilshan. "Nestle products become further price competitive in international markets". Retrieved 2021-04-16.
10. "SEC approval for Nestlé Lanka PLC - Delisting of ordinary shares from the official list of the Colombo Stock Exchange" (PDF). cse.lk. Colombo Stock Exchange. 9 August 2023. Retrieved 30 August 2023.
11. "Good food, Good life". Nestlé. Retrieved 2021-04-16.

v t e Nestlé
Divisions	Nestlé Purina PetCare Nestlé Waters Nestlé Wyeth Nutrition Divested BlueTriton Brands (Nestlé Waters North America)
Subsidiaries	Nestlé India (62.76%) Nestlé Pakistan Nestlé Canada Nestlé Japan Nestlé Malaysia Nestlé Lanka
Joint ventures	Beverage Partners Worldwide Cereal Partners Worldwide Froneri Nestlé Toll House Café
Other assets	Hsu Fu Chi (60%) L'Oréal (30.3%) Osem (100%) Yinlu Foods (60%) Malher (100%) Lactalis-Nestlé Fresh Products
Brands	Appliances BabyNes Dolce Gusto Nespresso Special.T SICAL Baby nutrition BabyNes Bear Brand Cerelac Gerber Nido Baking Libby's Toll House cookies Bottled water Contrex Acqua Panna Perrier Princes Gate Pure Life S.Pellegrino Vittel Cereals Cheerios Chocapic Cinnamon Toast Crunch Cookie Crisp Corn Flakes Fitness Golden Grahams Golden Nuggets Lion Cereal Lucky Charms Milo Cereal Nesquik (cereal) Trix Shreddies Shredded Wheat Chocolate and desserts Animal Bar Abuelita Aero Aero Biscuits After Eight Allen's Bar One Bertie Beetle Big Turk Blue Riband Black Magic Bono Breakaway Cailler Caramac Carlos V Cheekies Chokito Coffee Crisp Crisp Crunch Drifter Fox's Garoto Goobers Kit Kat Kit Kats in Japan Kohler Life Savers Lion Mackintosh's Toffee Matchmakers Menier Chocolate Milkybar Milo Mirage Munchies Negresco Nestlé Milk Chocolate Passatempo Peppermint Crisp Perugina Polo Quality Street Red Ripperz Rolo Rowntree's Rowntree's Fruit Gums Rowntree's Fruit Pastilles Sin Parar Smarties Svitoch TEX Walnut Whip White Knight Yorkie Zvečevo Coffee and beverages Abuelita Alpine Acticor BabyNes Blue Bottle Coffee Boost Carnation Caro Chameleon Cold-Brew Chuckie Coffee-Mate Dolce Gusto Huesitos Klim La Lechera Menier Milo cocoa Nescafé Nescafé Azera Nescafé Gold Nescau Nesfruta Nespresso Nesquik Nestea Ovaltine Ricoré Seattle's Best Coffee Starbucks Supligen Sweet Leaf Zoégas Dairy products Alpine Bear Brand Carnation Coffee-Mate La Lechera Nesquik Ice cream D'Onofrio Drumstick Eskimo Pie Fab Frosty Paws Häagen-Dazs Hjem-IS Ice Screamers Kit Kat Maxibon Mövenpick Parlour Savory Smarties Prepared and packaged food and snacks Buitoni California Pizza Kitchen DiGiorno Herta Hot Pockets Lean Cuisine Libby's Lean Pockets Maggi Stouffer's Thomy Tombstone Uncle Tobys Winiary Wagner Yinlu Foods Purina PetCare Alpo Bakers Complete Beggin' Strips Beneful Bonio Dog Chow Fancy Feast Felix Friskies Frosty Paws ONE Winalot Uncle Tobys Cheerios PLUS Weeties Former brands and subsidiaries Alcon Alfasigma Arrowhead Butterfinger Baby Ruth Chocolate Surpresa Deer Park Dreyer's Enviga Gale's Galderma Laboratories Cetaphil Epiduo Restylane Hoadley's Ice Mountain Jenny Craig Ozarka Peter's Chocolate Poland Spring Polly Waffle PowerBar Powwow Water Rowntree Mackintosh Violet Crumble Wonder Ball Zephyrhills
People	Günter Blobel Paul Bulcke Peter Brabeck-Letmathe Nobuyuki Idei Henri Nestlé Kaspar Villiger
Related	Nestea European Championship Tour 1977 Nestlé boycott Nestlé Invitational Nestlé Rowntree F.C. Nestlé Smarties Book Prize Nestlé Tower Toll House cookies International Code of Marketing of Breast-milk Substitutes Nescafé Basement Maggi noodles safety concerns in India Freshly
Related articles	List of Nestlé brands Controversies of Nestlé
Currently manufactured by General Mills in the U.S. and Canada. Produced by Cereal Partners under the Nestlé brand elsewhere. Brand owned by General Mills; U.S. and Canadian production rights controlled by Nestlé under license. U.S. production rights owned by The Hershey Company. U.S. rights and production owned by the Smarties Candy Company with a different product. U.S. rights and specific trade dress owned by Nestlé; rights elsewhere owned by Associated British Foods. Produced by Cereal Partners, branded as Nestlé. Produced by Cereal Partners and branded as Nestlé in the U.K. and Ireland. Produced by Post Foods elsewhere. Philippine production rights owned by Alaska Milk Corporation. Singaporean, Malaysian and Thai production rights owned by Fraser and Neave. Used only in Indonesia, Thailand, and Cambodia. Used only in the Philippines. U.S. production rights owned by the Ferrara Candy Company. NA rights and specific trade dress to all packaged coffee and other products under the Starbucks brand owned by Nestlé since 2019. Brand owned by Mars, sold by Nestlé in Canada. Produced by Froneri in the U.S. since 2020. Category Commons

• 1906 establishments in Ceylon
• Food and drink companies of Sri Lanka
• Companies formerly listed on the Colombo Stock Exchange