DIMO Further Expands its Business Portfolio with DIMO Initium
Summary
DIMO, one of the leading conglomerates in Sri Lanka, has continued the expansion of its business portfolio by providing solutions to the market under Industrial, Nutrition and Construction Chemicals segments. The new portfolio of business is established under the brand […]
DIMO, one of the leading conglomerates in Sri Lanka, has continued the expansion of its business portfolio by providing solutions to the market under Industrial, Nutrition and Construction Chemicals segments. The new portfolio of business is established under the brand identity ‘DIMO Initium’.
In line with the above, DIMO has partnered with BASF and Master Builders Solutions (MBS), two of the global leaders in the segments of Industrial & Nutrition and Construction Chemicals businesses respectively. DIMO Initium is geared to extend performance-driven solutions that are essential across a number of industries and businesses in Sri Lanka. Its Industrial solutions segment will play a key role in providing solutions for industries such as Rubber & Plastics, Furniture & Durables, Textile and Automotive, while Nutrition solutions will focus broadly on Animal, Pharma and Human Nutrition segments. Further, Construction Chemicals segment offers products and solutions in relation to Admixtures, Waterproofing & Sealants, Repair & Protection including underground construction, and Performance Flooring.
DIMO Chairman & Managing Director Ranjith Pandithage stated, “The creation of DIMO Initium is part of our ongoing quest for greater diversification. These new initiatives provide new avenues for growth and open the doors to new business domains. We intend to continue on this long-term diversification strategy which undoubtedly provides greater benefits to our valued customers and other stakeholders.”
Furthermore, under the new business portfolio, DIMO is committed to invest in resources to provide wider and improved solutions to customers. Additionally, in keeping with the Government’s economic policies that are aimed at boosting local manufacturing and value addition, DIMO is optimistic about its ability to contribute towards this goal, in relation to the segments such as Construction and Pharmaceuticals.
DIMO officially commenced operations of Construction Chemical business under DIMO Initium in Sapugaskanda Lindel estate recently.
In the future, while providing the customary high level of service that DIMO has been renowned for since inception, DIMO Initium will look to expand the industry reach by introducing new, innovative solutions and greater value additions in order to meet the evolving needs of today’s customers.
ENDS
Photo Caption
- DIMO Management and DIMO Initium staff at the Sapugaskanda site