Cargills (Ceylon) PLC
 |
|
| Public | |
| Traded as | : CARG.N0000 |
| Industry |
Banking Retail FMCG Restaurant |
| Founded | Colombo Fort, Sri Lanka 1844 |
| Founder | William Milne David Sime Cargill |
| Headquarters | Colombo, Sri Lanka |
|
Area served
|
Sri Lanka |
|
Key people
|
Louis R. Page Chairman Valentine Ranjitkumar Page CEO Dilantha Jayawardhana CFO |
| Products |
FMCG Brands Cargills Magic Heavenly Kotmale Cargills Kist Cargills Supremo Cargills Finest Cargills Goldi Cargills Sams Milca Cargills Lanka Milk Retail Brands Cargills Food City Cargills Food City Express Cargills Big City Cargills Book City Restaurant Brands KFC Sri Lanka T.G.I. Friday'sSri Lanka |
| Revenue | Rs 71.44 billion (2016) |
| Rs 1.6 billion | |
| Rs 1.62 billion (2016) | |
|
Number of employees
|
1,870 (2016) |
| Website | www.cargillsceylon.com |
Cargills (Ceylon) PLC is a Sri Lankan Retail, FMCG, Banking and Restaurant company which is listed on the . The controlling interest in the company is held by Ceylon Theatres PLC.
In 1844 British businessman William Milne started ‘Milne & Company', general warehousemen, importers of oilman stores etc, with branches in Kandy and Galle. In 1850 Milne was joined by his friend, David Sime Cargill, and the firm became ‘Milne, Cargill & Co'. In 1860 Milne retired from business in Ceylon and moved back to England to form a company in Glasgow to look after the business of Cargill & Co. in the UK. Cargill became sole partner until he was joined by David MacKenzie and the name was changed to ‘Cargill & Co’. The company had a Colombo office at the intersection of Price and York Streets in Colombo Fort, a Kandy office at Upper Lake Road and an office in Galle Fort at 22 Pedlar Street. The Galle office was closed down in 1863. In 1890 the business expanded with the purchase of 'Medical Hall,’ a chemist and druggist company. Cargills also established another company, ‘Sime & Co.’, which sold lower quality goods. In 1896 Cargill & Co. was converted into a Limited Liability Company registered in Glasgow. Two years later, the company bought James McLaren &Co.’s business in Nuwara Eliya, establishing a branch there.
The iconic Cargills building in the centre of Colombo Fort was originally the residence of Captain Pieter Sluysken, the former Dutch military commander of Galle. It was subsequently occupied by the first British Governor of Ceylon, Sir Frederick North, who lived there for a short time before moving to a spacious villa in Hulftsdorp. The building was acquired by Cargills in 1896, while D.S. Cargill was Chairman, Walter Hamilton the Director and William Jenkins was General Manager. Construction of the current building commenced in 1902, it was built by Walker, Sons, and Co. and completed in 1906. A foundation stone dated 1684 and a wooden statue of Minerva (Roman goddess of wisdom, arts and trade), both retrieved from the gable end of Sluysken's house, are preserved by the ground floor lift. By 1909 employed "an executive staff of 32 Europeans and 600 hands."
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Wikipedia