Sri Lanka’s Lankem buys packaging firm

EconomyNext – Sri Lanka’s Lankem Ceylon has acquired a 72.5 percent stake in J. F. Packaging (Pvt) Ltd. for 600 million rupees, a stock exchange filing said.

J.F. Packaging is engaged in the business of providing packaging solutions.

Lankem Ceylon, which began as an agro-chemicals company, has now diversified into a range of businesses including plantations, agriculture, food and feed ingredients, hotels, paints and industrial chemicals and industrial flooring.

 

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