📈 Abans Group Celebrates Inaugural Founder’s Day & New Identity

Abans Group marked its first-ever Founder’s Day in 2026, coinciding with the 90th birthday of founder Aban Pestonjee. The milestone celebrates the evolution of the group from a 1968 corner shop into a leading diversified conglomerate over five decades. • Strategic Evolution: The group transitioned from a modest retail operation into a multi-sector giant following Sri Lanka’s shift to an open economy in 1977. It secured the first major global partnership with Electrolux, eventually expanding into a massive portfolio including Belling, Hoover, and Pyrex. • Sector Footprint: The conglomerate now maintains a significant presence across household electronics, retail, real estate development, environmental management, ICT services, automobiles, and logistics. • Economic Impact: • Workforce: Employs over 10,000 staff members. • Vision: Unveiled a new corporate identity and tagline, "Better Way to Life," emphasizing a collective impact across homes and businesses. • Sustainability: Launched the Abans Group Manifesto, formalizing a commitment to environmental responsibility and sustainable growth across all subsidiaries. The event reinforces the group's role in the retail and services landscape, focusing on a unified vision for future diversification and national economic contribution.