JAT Holdings PLC is a
Sri Lanka
Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka, also known historically as Ceylon, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, separated from the Indian subcontinent, ...
based multinational paint company headquartered in
Thalawathugoda
Thalawathugoda (, ) is a vicinity of Maharagama governed by the Urban Council of Maharagama. It is located approximately from the centre of Colombo, adjacent to Battaramulla and Pelawatte on the Borella-Kottawa Road, bordering Sri Jayawardena ...
, Sri Lanka. The company is engaged in the business of manufacturing, selling and distribution of
paints
Paint is a material or mixture that, when applied to a solid material and allowed to dry, adds a film-like layer. As art, this is used to create an image or images known as a painting. Paint can be made in many colors and types. Most paints are ...
, wood coatings and products related to the retail and industrial sectors. As of 2016, it has the largest market share with 75% in the Sri Lankan paint industry.
History
The company was started in 1993 by Joyce Gunawardene, Aelian Gunawardene and Tyrone Gunawardene and named the company from the initials of the three founding brothers. The company first became the principal agent of the Italian multinational company
Sayerlack
Sayerlack is an Italian multinational company leading the wood coatings market. The company, which employs over 300 people in Italy, has two production sites: the main one is in Pianoro (Bologna), and the second one is in Mariano Comense (Como) ...
and introduced polyurethane coatings in Sri Lanka. In 2002, the company set up a large scale manufacturing plant in
Kahathuduwa
Kahathuduwa is a small town in the Colombo District of the Western Province of Sri Lanka. It is located approximately south east of Colombo
Colombo, ( ; , ; , ), is the executive and judicial capital and largest city of Sri Lanka by popul ...
.
In 2015, the company acquired Ceynox Networks, an information technology company and created the JAT Technologies. In 2017, the company signed cricketer
Rangana Herath
Herath Mudiyanselage Rangana Keerthi Bandara Herath (; ; born 19 March 1978), known as Rangana Herath is a former Sri Lankan cricketer, who played all forms of cricket game and a former Test cricket captain for Sri Lanka. Considered as one of the ...
as their brand ambassador.
In 2020, JAT Holdings was ranked amongst the
LMD's Top 20 Conglomerate Brands in Sri Lanka.
In 2021 JAT Holdings was listed in the Colombo Stock Exchange (CSE), .
Business
The company is a manufacturer of paints and coatings; and also a distributor of brands including Sayerlack, Harris, BormaWachs, Norton, Brush Master, Masters, J CHEM. JAT holdings also offer a furnishing range of brands such as Herman Miller, SEA and Houros. The company entered the real estate development in 1995 and developed residential colonies in the country.
Sponsorships
The company is one of the major sponsor of sports in the country and has sponsored several events for cricket, tennis, golf and other major sports.
References
{{All Share Price Index
Companies listed on the Colombo Stock Exchange
Manufacturing companies established in 1993
Manufacturing companies of Sri Lanka
Sri Lankan companies established in 1993