Melstacorp’s Mels Automobiles Appointed Official BMW Importer & Dealer 📈

Corporate Update: Melstacorp PLC announced via the Colombo Stock Exchange that its subsidiary, Mels Automobiles (Private) Limited, is now the authorized importer and dealer for BMW in Sri Lanka. Scope of Operations: The agreement covers the full value chain, including: • Importation, sales, and distribution of new BMW vehicles. • Supply of genuine spare parts. • Authorized aftersales and service operations aligned with global standards. Strategic Impact: This move marks a significant expansion into the premium automotive sector, aimed at diversifying the Group's portfolio and driving long-term growth. Infrastructure & Investment: Melstacorp committed to investing in world-class infrastructure to support the brand, focusing on professional management and customer-centric service delivery. National Context: The entry of a major conglomerate like Melstacorp into the automotive distribution space signals a push for high-standard service excellence and corporate professionalization within the luxury vehicle market.