Business Times

LAUGFS to invest Rs.45 mln on bottle plant

LAUGFS Aqua Systems Pvt, subsidiary of LAUGFS Supermarkets Ltd engaged in water bottling and distribution of bottled water under ‘LAUGFS Aqua’ brand, is building a Rs 45-million, ultra-modern automated water bottling plant at Kottawa.

The foundation stone for this plant was laid last Friday. In a media statement, LAUGFS Holdings Chairman W.K.H. Wegapitiya said that ‘LAUGFS Aqua’ having entered into the bottle water segment 10 years ago and having identified the new economic prosperity in the country decided to expand its operations inorder to become a leader in the bottle water sector in the country.

“This new bottling plant would fulfill our supply demand and we are hoping to commence the operation of the new plant within three months. After commencement of the operations of the plant we would be in a better positionto promote our product across the island with a new distribution and retail network,” he said.

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