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Hayleys

Hayleys PLC
Public
Traded as HAYL.N0000
Industry Diversified Conglomerate
Predecessor Chas P. Hayley and Company
Founded Galle, Sri Lanka. (January 10, 1878 (1878-01-10))
Founder Chas. P. Hayley
Headquarters Colombo, Sri Lanka
Key people
Chas P. Hayley (Founder)
A.M. Pandithage (Chairman and Chief Executive)
K.D.D. Perera (Co-Chairman)
Products Agriculture
BPO And Shared Services
Construction Materials
Consumer Products
Fibre
Hand Protection
Leisure And Aviation
Plantations And Tea Exports
Power & Energy
Purification Products
Textiles
Transportation And Logistics
Revenue Increase $572.3 mio (10-11).
Increase $27.9 mio (10-11)
Number of employees
33,224 (2013/14) (incl associates)
Website www.hayleys.com

Hayleys PLC is a Sri Lankan multinational & diversified conglomerate. Hayleys accounts for 2.73% of Sri Lanka's export income. The Company operates through seven broad segments: Global Markets and Manufacturing, Agriculture, Power and Energy, domestic and industrial lighting, Transportation and Logistics, Leisure and Aviation, Consumer, and Investments and Services. Hayleys comprises over 130 business units and subsidiaries, 9 of which are publicly listed in the Colombo Stock Exchange. The company has 36,000 employees.

The beginnings of the Hayleys Group can be traced back to 1878 when Charles P Hayley disembarked from the Percy Douglas, a 781-tonne clipper ship on to the shores of Galle, Sri Lanka.

Chas Hayley founded the forerunner of Hayleys, Chas P. Hayley, in 1878.., to trade in coconut fibres. In 1909, he entered into partnership with W. W. Kenny to purchase Thurburn Stores, at Deans Road.

Hayley and Kenny and Chas P. Hayley were made Private Limited Companies in 1935 and 1943, respectively. In 1954 under one corporate umbrella, the entity went public. Hayleys Ltd continued to diversify into a portfolio that currently includes activated carbon, rubber gloves, textiles, fibre based products, tea and rubber plantations, transportation and logistics services, consumer products, and other investments and services to name just a few.

Hayleys and its associates have forged successful partnerships with global giants such as Mercedes-Benz, TATA International, Dystar, Symrise, Bayer Cropscience, Philips Lighting, Polymer Latex, Volvo, Fujifilm, P&G, Shimadzu, Fedex and Gillette, to name just a few. Its adherence to the tenets of good corporate governance and ethical practices has made it one of the most respected companies in Sri Lanka and a corporate inspiration to many others.

Despite such unfavorable conditions such as an ethnic conflict that had claimed 65,000 lives since 1983, rampant inflation, and devastation and 30,000 deaths caused by the tsunami of 2004, Hayleys has survived and evolved into a US$300 million firm. The company has now transformed from its roots as a trading company into an industrial and services conglomerate.

In addition to Sri Lanka, Hayleys today has manufacturing facilities in Indonesia and Thailand and marketing operations in Australia, India, Bangladesh, Italy, Japan, Netherlands, UK and USA and its products are sold in 80 countries.

Hayleys is a Sri Lankan diversified conglomerate headquartered in Colombo, Sri Lanka. Its main offices are located in and around the premises; however other manufacturing, agricultural, marketing and production bases are geographically spread around the country and throughout five different continents.


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