Our History

  • 1866: The Cargo Boat Desptach Co. Ltd is established with the aim of launching out into the world of shipping.
  • 1936: Mr. Alfred L. Thambiayah, Member of Parliament of Sri Lanka acquires controlling interest of The Cargo Boat Despatch Co Ltd from its then foreign owners and grows it to the fore front of shipping, trading and agriculture accounting for the majority of the business of the port of Colombo prior to nationalization in 1958.
  • 1969: Renuka Hotels Ltd is incorporated, the company being named after Mr. Thambiayah’s youngest daughter, Renuka.
  • 1975: Renuka Enterprises Ltd is established by Mrs. I. Renuka Rajiyah and within the first three years of operations became one of the largest exporters of agriculture commodities from Sri Lanka. The export business grew by 500% in the first 3 years, paving the way for investments in other areas.
  • 1979: Renuka Shipping and Travels (Pvt) Ltd is incorporated to be engaged in the logistics field.
  • 1979: Renuka Holdings Ltd incorporated to act as a promoter for infrastructure development projects such as the construction of the Victoria and Randenigala dams with foreign partners.
  • 1980: The Cargo Boat Development Co PLC commences construction of a high rise building in Colombo Fort and was listed on the Colombo Stock Exchange.
  • 1980: Renuka Teas Ceylon (Pvt) Ltd commences as one of the first manufacturers of tea bags from Sri Lanka.
  • 1982: Renuka Agro Exports Ltd commences as Sri Lanka’s pioneer value added exporter of coconut based food products.
  • 1989: The group was restructured with only minority stakes retained in Renuka Hotels and Cargo Boat.
  • 1990: Renuka Group Ltd emerges as the parent company.
  • 1994: Renuka Foods PLC (formally known as Coco Lanka PLC) is listed on the Colombo Stock Exchange and is the holding company of the Food and Beverage sector.
  • 2003: Kandy Plantations Ltd establishes Sri Lanka’s largest organic certified coconut farm.
  • 2008: Renuka Holdings PLC is listed on the Colombo Stock Exchange and acquires controlling interest in Group companies.
  • 2009: Renuka Agri Foods PLC, Sri Lanka’s premier manufacturer and exporter of Coconut based food products and Coconut water is listed under the Food & Beverage sector of Colombo Stock Exchange.
  • 2011: Shaw Wallace Ceylon Ltd (est. 1909) is acquired, a leading FMCG business houses with strong national brands.
  • 2012: Richlife Dairies Ltd is acquired, Sri Lanka’s first UHT Dairy milk manufacturer.
  • 2012: McShaw Automotive Ltd created as a joint venture by the transfer of the group’s automotive business (est. 1927).
  • 2013: Renuka Agri Organics Ltd expands its state of the art Virgin Coconut Oil manufacturing facility.
  • 2014: Renuka Organics (Pvt) Ltd acquires Ungadeniya Desiccated Coconut Mills (est. 1961)
  • 2014: Galle Face Properties Ltd commences a high rise building project in the central business district Colombo.