15th February 2015, Colombo:MTD Walkers PLC, one of Sri Lanka's most reputed and diversified holding business groups has further diversified its business interests by establishing a "new"strategic business unit (SBU);Walkers Equipment Limited. This new subsidiary of the company was incorporated for the primary purpose of conducting business activities as an Infrastructure Development Support Business (IDSB); to handle the distribution and maintenance of infrastructure development related machinery / equipment and allied products.
Walkers Equipment Limited was set up also taking into consideration the strategic and competitive advantage it offers to MTD Walkers PLC, which has under its umbrella both CML - MTD Construction Limited and Walkers Piling Limited, both of which are amongst the top five infrastructure developers in Sri Lanka. Both these companies are engaged in numerous infrastructure development projects in Sri Lanka and overseas.
Walkers Equipment Limited has acquired the franchisee rights for 'SANY' branded machinery and equipment and is the exclusive and sole distributor for 'SANY' in the territory of Sri Lanka and Maldives. 'SANY' is amongst the largest and most established manufacturers' of machinery and equipment in China with over 36 production facilities in China, USA, Germany and India and is also ranked amongst the top 10 global manufacturers of machinery and equipment.
"Walkers Equipment Limited has set itself lofty goals of becoming a full line supplier of construction machinery and equipment, as well as achieving market leadership for its product portfolio within the next five years of operation," said Yung Sheng Tsung, General Manager - Walkers Equipment Limited.
www.dailynews.lk
Walkers Equipment Limited was set up also taking into consideration the strategic and competitive advantage it offers to MTD Walkers PLC, which has under its umbrella both CML - MTD Construction Limited and Walkers Piling Limited, both of which are amongst the top five infrastructure developers in Sri Lanka. Both these companies are engaged in numerous infrastructure development projects in Sri Lanka and overseas.
Walkers Equipment Limited has acquired the franchisee rights for 'SANY' branded machinery and equipment and is the exclusive and sole distributor for 'SANY' in the territory of Sri Lanka and Maldives. 'SANY' is amongst the largest and most established manufacturers' of machinery and equipment in China with over 36 production facilities in China, USA, Germany and India and is also ranked amongst the top 10 global manufacturers of machinery and equipment.
"Walkers Equipment Limited has set itself lofty goals of becoming a full line supplier of construction machinery and equipment, as well as achieving market leadership for its product portfolio within the next five years of operation," said Yung Sheng Tsung, General Manager - Walkers Equipment Limited.
www.dailynews.lk
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