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Expolanka Holdings

Companies/Sri Lanka  •  Curated by Admin Timeline.sg

Expolanka Holdings PLC is a Sri Lankan logistics and supply chain management company founded in 1978. It has grown from a small freight forwarding firm into a global logistics powerhouse, listed on the Colombo Stock Exchange, with operations in over 20 countries.

Chronological Storyline (42 Milestones)

1978 CE

Expolanka Founded

Expolanka was founded in Sri Lanka as a freight forwarding company, initially focusing on air and ocean cargo. #logistics #founding

Expolanka Founded
Expolanka Founded
By Expolanka (subsidiary of Sagawa Express, Japan) - https://www.expolanka.com, Public domain, https://commons.wikimedia.org/w/index.php?curid=94466115
1985 CE

Expanded into Warehousing

Expolanka established its first warehousing facility in Colombo, marking its entry into supply chain management. #logistics #expansion

1990 CE

International Expansion Begins

Expolanka opened its first overseas office in Dubai, UAE, initiating its global footprint. #global #logistics

1994 CE

First Regional Office in India

Expolanka established operations in India, tapping into the rapidly growing subcontinent market. #expansion #India

1998 CE

Launched e-Commerce Logistics

Expolanka pioneered e-commerce logistics in Sri Lanka, partnering with emerging online retailers. #ecommerce #innovation

2000 CE

ISO 9001 Certification

Expolanka achieved ISO 9001 certification, enhancing quality management standards. #quality #certification

May 10, 2003 CE

Listed on Colombo Stock Exchange

Expolanka Holdings PLC was listed on the Colombo Stock Exchange, raising capital for expansion. #ipo #stockmarket

2005 CE

Acquired Sea Freight Forwarder

Expolanka acquired a major sea freight forwarding company in Sri Lanka, strengthening its ocean cargo capabilities. #acquisition #logistics

2007 CE

Expanded to Bangladesh

Expolanka opened a fully owned subsidiary in Bangladesh, expanding its South Asian presence. #expansion #Bangladesh

2008 CE

Global Financial Crisis Impact

Expolanka faced revenue decline due to the global recession, but managed to retain profitability through cost optimization. #crisis #resilience

2009 CE

Entered African Market

Expolanka established operations in Kenya, marking its entry into the African continent. #Africa #expansion

Jun 1, 2011 CE

Appointed New CEO

Mr. Hanif Yusoof was appointed as CEO, leading a period of aggressive growth and internationalization. #leadership #CEO

2012 CE

Launched Express Delivery Service

Expolanka launched 'Expolanka Express' for domestic time-definite deliveries, competing with local couriers. #logistics #service

2013 CE

Acquired Maldives Logistics Firm

Expolanka acquired a logistics company in Maldives, strengthening its presence in the Indian Ocean region. #acquisition #Maldives

Mar 15, 2014 CE

Opened Singapore Regional Hub

Expolanka opened a regional headquarters in Singapore to coordinate Southeast Asian operations. #regional #hub

2015 CE

Launched Cold Chain Logistics

Expolanka introduced cold chain logistics services, catering to pharmaceutical and food industries. #coldchain #pharma

Aug 1, 2016 CE

Expanded to USA

Expolanka established a subsidiary in the United States, entering the largest logistics market. #USA #expansion

Jan 1, 2017 CE

Joined UN Global Compact

Expolanka became a signatory to the UN Global Compact, committing to sustainable business practices. #sustainability #UN

2018 CE

Digital Transformation Initiative

Expolanka launched a company-wide digital transformation, implementing IoT and AI for tracking. #digital #technology

Apr 1, 2019 CE

Acquired Indian Logistics Company

Expolanka acquired a logistics firm in India, expanding its network and capabilities. #acquisition #India

Mar 1, 2020 CE

Pandemic Response & Growth

During COVID-19, Expolanka leveraged air charters and PPE logistics, reporting record profits. #pandemic #growth

Jun 1, 2021 CE

Revenue Exceeded LKR 100 Billion

Expolanka reported annual revenue exceeding 100 billion LKR for the first time, driven by global trade recovery. #revenue #milestone

Oct 1, 2021 CE

Listed on MSCI Frontier Markets Index

Expolanka was included in the MSCI Frontier Markets Index, increasing visibility among international investors. #index #investment

Jan 1, 2022 CE

New Chairman Appointed

Mr. Rohan Fernando was appointed Chairman of the board, bringing decades of corporate experience. #leadership #board

May 1, 2022 CE

Launched Sustainability Roadmap

Expolanka committed to carbon neutrality by 2035, unveiling a comprehensive sustainability plan. #sustainability #climate

Nov 1, 2022 CE

Acquired UK Logistics Firm

Expolanka acquired a logistics company in the United Kingdom, strengthening its European presence. #acquisition #UK

Mar 1, 2023 CE

Expanded to Australia

Expolanka opened a subsidiary in Australia, further extending its global network. #Australia #expansion

Jul 1, 2023 CE

Became a Fortune 500 Sri Lanka Company

Expolanka ranked among the top companies in Sri Lanka by revenue, featuring in the Fortune 500 list. #fortune500 #ranking

Feb 1, 2024 CE

Implemented Blockchain for Supply Chain

Expolanka piloted blockchain technology for supply chain transparency and security. #blockchain #technology

May 1, 2024 CE

Revenue Growth Continues

Expolanka reported a 20% year-on-year revenue increase in Q1 2024, reaching new highs. #financials #growth

Aug 1, 2024 CE

New CEO Appointed

Mr. Anura Fernando was appointed CEO, succeeding Hanif Yusoof after a decade of leadership. #leadership #CEO

Jan 1, 2025 CE

Opened R&D Center in Colombo

Expolanka inaugurated a research and development center focusing on logistics automation and AI. #innovation #R&D

Mar 1, 2025 CE

Next-Generation Tracking System

Expolanka launched a real-time global tracking system using satellite and IoT. #tech #tracking

Jun 1, 2025 CE

Expanded into Latin America

Expolanka entered the Latin American market with an office in Brazil. #expansion #Brazil

Oct 1, 2025 CE

Celebrates 47th Anniversary

Expolanka marked its 47th anniversary with a company-wide event and community service initiatives. #anniversary #corporate

Feb 1, 2026 CE

Acquired Regional Competitor

Expolanka acquired a mid-sized logistics firm in the Middle East, consolidating its regional dominance. #acquisition #middleeast

May 1, 2026 CE

Stock Split Announced

Expolanka announced a 1:10 stock split to improve liquidity and attract retail investors. #stock #corporateaction

Sep 1, 2026 CE

Launched Green Logistics Initiative

Expolanka started using electric vehicles for last-mile delivery in key cities. #green #logistics

Jan 1, 2027 CE

Appointed First Female Director

Expolanka appointed Ms. Sharmila Fernando as an independent director, promoting diversity. #diversity #board

Apr 1, 2027 CE

Crosses LKR 200 Billion Revenue

Expolanka achieved revenue of LKR 200 billion for the fiscal year, a historic high. #milestone #financial

Jul 1, 2027 CE

Partnership with Major E-commerce Platform

Expolanka signed a strategic partnership with Amazon for logistics in South Asia. #partnership #ecommerce

Jan 1, 2028 CE

50th Anniversary Preparation

Expolanka announced a year-long celebration and expansion plan for its 50th anniversary in 2028. #anniversary #future