SERVICE & TRADE TO REDEFINE THE INTERIOR FIT-OUT MARKET IN SRI LANKA
Services & Trade Co. LLC (S&T) is a leading interior fit-out and contracting company headquartered in Oman with operations across 14 countries. S&T has entered in to an exclusive joint venture agreement with the Hayleys Group to offer a complete range of interiorfit-out contracting services in the Sri Lankan market.
Under the JV agreement, a new company (S&T Interiors Pvt. Ltd) has been formed to operate the interior fit-out business in Sri Lanka. This new venture will build on unique local marketing know-how and will be pivotal in expanding S&T’s presence in the country.
The strategic alliance between S&T and Hayleys will position S&T as a frontrunner and game changer in the interior-fit contracting business in the country. Besides providing a considerable high-quality international level turn-key project management expertise it will also have anedge over existing players in offering interior fit-out solutions.
Chairman and Chief Executive of Hayleys Mohan Pandithage, stated, “This strategic partnership will add immense value to the hotel industry in particular given the vast experience that S&T brings to Sri Lanka.”
Managing Director of Hayleys Leisure & Aviation, Johann Wijesinghe said, “We are delighted to partner with S&T, a well-established global player in interior fit-out contracting for over 37 years. The luxury and infrastructure industry in Sri Lanka is in a growth phase. This gives us aunique opportunity to leverage expertise, innovation and international standards.”
S&T stands for quality and have served high-end clients and worked with internationally renowned designers and consultants to execute state-of-the-art projects including palaces, luxury hotels, high-end residential and commercial projects across 14 countries that givesthe company diverse experience in Joinery, Soft Furnishing, Turnkey Interior Contracts, Civil Construction, Furniture Manufacturing, Decorative & Carved Gypsum works and Specialist Decorative Painting works.
“The strategic tie-up with Hayleys is an important step in developing our global position. Sri Lanka is particularly an exciting and upcoming luxury market and we are committed to introduce the best-in-class project management and interior-fit out solutions substantially raising the bar and assuming a dominant position,” stated Director Business Development, Services & Trade Co. LLC K. S. Ravikumar.
