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D.D. Atukorala – A diversified business group projecting a clear trajectory for growth

2021 ජූනි 29

D.D. Atukorala – A diversified business group projecting a clear trajectory for growth
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Established in 1926, as a bakery outlet by the late Mr. D. D. Atukorala, the company subsequently moved into the grocery trade in the Kegalle district, before expanding into rubber and tea verticals...

SL@100 aims to support mid-sized companies by offering business advisory solutions. As part of this goal, we are proud to have onboarded D.D. Atukorala Group (DDA) to our portfolio companies. DDA was among the 7 chosen candidates out of the 37 applicants that applied to join our platform in September 2020. We intend to contribute value to this esteemed group by conducting strategy audits to identify any gaps in their business processes and leverage our expertise to recommend solutions that would unleash them beyond boundaries. We are confident of the ground-breaking potential we can unlock in DDA through collaborative efforts.

A diversified group – DDA is a Kegalle-based group of companies with a presence in multiple business verticals including retail, foodservice, agriculture and entertainment.

  • Retail: The large, multi-storied retail center strategically located on the main Colombo-Kandy Road boasts a large product range of over 1 million SKUs—product categories include grocery, household essentials, furniture & home décor, educational items, toys, apparel, and hardware. The company also maintains their own warehouse adjacent to the retail center, with a ~15K square foot storage capacity.

  • Food service: The neighboring bakery production and sales center provides significant competitive advantage for the business, as they possess in house facilities to manufacture, package, store and distribute large quantities of bakery products across their eight bakery and restaurant outlets in the Kegalle district.

  • Agriculture: The three rubber estates—which function as model estates under the advice of the Rubber Research Institute of Sri Lanka (RRISL)—have a combined land extent of over 100 acres and produces high quality rubber latex for their buyers.

  • Entertainment: The two fully air-conditioned, stadium style cinema halls equipped with a 7.1 Dolby digital surround system have a combined seating capacity of ~600 and are the first and only cinemas in the Kegalle district with a 2K 3D projection system

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