LAUGFS Lubricants Expands its Footprint to Maldives
LAUGFS Holdings Limited, one of Sri Lanka’s largest diversified conglomerates with a portfolio of over 20 businesses spanning multiple industries, and the only Sri Lankan company with its own lubricant blending license, under LAUGFS Lubricants, a brand known locally and internationally, recently ventured into international market to expand its service offering to the Maldives as a part of LAUGFS Strategic plan to enter new international markets.
The signing was attended by LAUGFS Lubricants representatives: Cluster Director/CEO – Dr. Niroshan J Pieries, General Manager Operations – Mr. Samantha Herath, International Market Development Manager – Mr. Pradeepan Sivarajah, and Mechanism Maldives (Pvt) Ltd representatives: Managing Director – Mr. Adam Ali and the Director – Mr. Tremayne Pereira.
Speaking with 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 in our vision and values to provide excellence in service and product for all our users. As we enter the Maldivian market, we are confident in our ability to meet the ever-growing market needs of the times and to strengthen the LAUGFS foothold in Asia further as the only Sri Lankan Brand.”
With the 2008 establishment of LAUGFS Lubricants Limited, a wholly owned subsidiary of LAUGFS Holdings, the brand is reinforced by the parent company’s strong reputation, which has helped it win over key influencers and end users by building trust, credibility, and honesty. The expansion to the Maldives is the second international expansion for LAUGFS Lubricants, after their initial expansion to Bangladesh. Mechanism Maldives (Pvt) Ltd is widely regarded for its Manufacturing, Supply, Servicing & Commissioning of RO Desalination Plants & Wastewater Treatment Plants, Supply & installation of Generators, Supply & assembly of Storage tanks, Design & Installation of total MEP Works in Resorts & Hotels, and the Construction of Pools & Installation of Pool equipment and Water Heaters.
Commenting on the new partnership, Managing Director, Mechanism Maldives (Pvt) Ltd – Mr. Adam Ali stated: “We are glad to partner with LAUGFS Lubricants Ltd, and are excited to grow the business together. Providing products of this calibre to local markets in the Maldives will allow us to meet the growing market gap creating greater opportunities for business and international growth.”
With the LAUGFS Lubricants Testing laboratory being named the first petroleum laboratory in Sri Lanka to receive the ISO/IEC 17025:2017 accreditation under the scope of oil and lubricants, and now with the brand’s entry into the Maldives, both feats mark yet another monumental milestone for LAUGFS Lubricants. Assuring complete protection for vehicle owners/users with quality maintenance and local & international standards, LAUGFS Lubricants adds value to the consumer by providing international quality lubricants that are suitable for Maldivian conditions and cater to each vehicle category, resulting in engine durability, maintaining power output, and fuel economy with low emission leading to better environment care.
The SL Accreditation Board in conjunction with the Global Accreditation Society granted LAUGFS Lubricants ISO 17025:2017 for its state-of-the-art laboratory. Additionally, the business holds licenses from the American Petroleum Institute (API), which establishes international industry standards for motor oils, and the Japanese Automotive Standards Organization (JASO MA), as well as “Original Equipment Manufacturer (OEM)” certifications from well-known automakers.