Enters Sri Lanka through Joint Venture with Hayleys

Services & Trade Co. LLC (S&T) is a leading interior fit-out and contracting company headquartered in Oman with operations across 14 countries. S&T has entered in to an exclusive joint venture agreement with the Hayleys Group to offer a complete range of interiorfit-out contracting services in the Sri Lankan market.

Under the JV agreement, a new company (S&T Interiors Pvt. Ltd) has been formed to operate the interior fit-out business in Sri Lanka. This new venture will build on unique local marketing know-how and will be pivotal in expanding S&T’s presence in the country.

The strategic alliance between S&T and Hayleys will position S&T as a frontrunner and game changer in the interior-fit contracting business in the country. Besides providing a considerable high-quality international level turn-key project management expertise it will also have anedge over existing players in offering interior fit-out solutions.

Chairman and Chief Executive of Hayleys Mohan Pandithage, stated, “This strategic partnership will add immense value to the hotel industry in particular given the vast experience that S&T brings to Sri Lanka.”

Managing Director of Hayleys Leisure & Aviation, Johann Wijesinghe said, “We are delighted to partner with S&T, a well-established global player in interior fit-out contracting for over 37 years. The luxury and infrastructure industry in Sri Lanka is in a growth phase. This gives us aunique opportunity to leverage expertise, innovation and international standards.”

S&T stands for quality and have served high-end clients and worked with internationally renowned designers and consultants to execute state-of-the-art projects including palaces, luxury hotels, high-end residential and commercial projects across 14 countries that givesthe company diverse experience in Joinery, Soft Furnishing, Turnkey Interior Contracts, Civil Construction, Furniture Manufacturing, Decorative & Carved Gypsum works and Specialist Decorative Painting works.

“The strategic tie-up with Hayleys is an important step in developing our global position. Sri Lanka is particularly an exciting and upcoming luxury market and we are committed to introduce the best-in-class project management and interior-fit out solutions substantially raising the bar and assuming a dominant position,” stated Director Business Development, Services & Trade Co. LLC K.S. Ravikumar.

Photo caption: Mohan Pandithage (Chairman & Chief Executive of Hayleys PLC) with Mr. Waqas Al Adawi (Vice Chairman of S&T) at the first board meeting of S&T Interiors.

About Services & Trade Co. LLC: Services & Trade Group of Companies is a leading multinational and multiproduct conglomerate operating across 14 countries including Europe, Middle East, Asia and Africa. Established in 1977 in Oman, by two visionaries Brig. Gen (Rtd.) Suleiman Al Adawi and Mr. P. N. C. Menon. S&T is a world-class brand, trusted for excellence. The group operates from offices in London, US, Hong Kong, Brunei, Singapore, Dubai, Qatar, India, Sri Lanka and head quartered in Muscat, Oman.
Over the past three decades, S&T has diversified into several businesses over and above its core activities of Interiors & Civil Contracting into Real Estate, Mining, Information Technology, Healthcare, Trading, FMCG and Procurement for Hospitality industry along with other non-operating investments.
With the vision to transform the way people perceive quality, S&T has successfully grown its customer base and has a group turnover in excess of US$200 million and employs over 4000 people worldwide.
Our flagship company, S&T Interiors and Contracting is a well-established and reputed having executed landmark projects for palaces, luxury hotels, villas, high-end residential and commercial complexes. The company specializes in turnkey interior contracts, civil construction, joinery, soft furnishing, furniture manufacturing, decorative & carved gypsum works and specialist decorative painting works. S&T Interiors and Contracting operates across the globe with branches inMuscat, United Arab Emirates, United Kingdom, India, Qatar, Bahrain, Paris, Brunei and Sri Lanka.

About Hayleys Group: The Hayleys Group drives a globally competitive business portfolio encompassing 12 defined sectors of enterprise cutting across all three major sectors of the economy, namely manufacturing, agriculture and services.

Commencing commercial operations in 1878 as Chas. P. Hayley and Company, we were incorporated as Hayleys Limited 61 years ago. Embracing innovation and entrepreneurship, we’ve added value for people and businesses across the country and beyond. It is this spirit that has characterised our growth and the building of a strong and successful enterprise that is active in local and global markets.

In addition to Sri Lanka, Hayleys today has manufacturing facilities in Indonesia and Thailand, and marketing operations in Australia, India, Bangladesh, Italy, Japan, The Netherlands, UK and USA.

The Group accounts for 2.73% of Sri Lanka’s export in come, and 4.5% of tea and 2.2% of rubber production. Its superior quality and ethical business practices have won acclaim as a Superbrand, and as the Best Corporate Citizen of Sri Lanka on multiple occasions.