The story
Early Years 1871 Onwards
The beginnings of the Hayleys Group can be traced back to 1871 when Charles Pickering Hayley (1848–1934), the son of British businessman, Thomas Hayley (1807–1881), disembarked from the Percy Douglas, a 781-tonne clipper ship (owned by Thomas Hayley), at Galle, Ceylon. The ship subsequently was wrecked off the coast of Rangoon.
Hayley joined a firm of shipping agents, Thomson Mitchell & Co, in 1874. When the company closed three years later due to bad investments, he rented a shop on Pedlar Street in Galle Fort and started his own import/export company, Chas. P. Hayley & Co., on 10 January 1878, exporting local products including coir, cinnamon and citronella oil and importing goods such as British claret. Hayley married Gertrude Fanny Lee (1849–1911), the daughter of George Lee, the Postmaster General of Ceylon (1844–1860) and Martha née Austin. The couple had six children and in 1893 his oldest son, Alec (1875–1936), joined the firm, followed by another son, Stuart Pickering (1883–1960), eight years later.
In 1909, he entered into a partnership with W. W. Kenny to purchase Thurburn Stores, at Deans Road.
Hayley and Kenny became a Private Limited Company in 1935 and Chas P. Hayley & Co. becomes a private limited liability company and fully owned subsidiary of Hayley and Kenny Ltd. in 1944. In 1954 under one corporate umbrella, the entity went public. Hayleys Ltd continued to diversify into a portfolio that currently includes activated carbon, rubber gloves, textiles, fibre-based products, tea and rubber plantations, leisure, transportation and logistics services, consumer products, and other investments and services to name just a few.
In 1958, its shipping agency department was restructured as Maritime Agencies Ltd, which later evolved into Hayleys Advantis. In the 1960s, Hayleys partnered with Bayer of Germany to establish Haychem Ltd for agrochemical production. A period of innovation followed with the establishment of Haycarb Ltd to produce activated carbon from coconut shell charcoal, a pioneering value-added export. The company further expanded by acquiring Ravi Industries Ltd, a coir brush manufacturer, and founding Dipped Products Ltd for rubber glove production. By 1983, Hayleys launched its first international venture in the United States, now known as Haycarb USA Inc. Throughout the subsequent decade, the company diversified further into hospitality, plantations, and textiles.
2000 - Present
Hayleys steps into power generation in collaboration with AES corporation of USA in 2001.
Hayleys entered the ship-owning business in 2003 with a maiden investment in the container vessel "Orient Stride". 2003 also saw the first overseas plant setup by Dipped Products Ltd.
2006 saw Hayleys adopt a new visual identity, replacing its former logo of 50 years.
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In 2008, Hayleys became one of the 10 signatories for the CEO Water Mandate initiative of the UN's Global Compact. In 2008, Dhammika Perera became the majority shareholder of Hayleys.
Hayleys continued to grow and expand through the decades with a series of strategic acquisitions, such as the acquisition of the Ceylon Continental Hotel in Colombo in 2010 (which at the time was the single largest investment in its history), and that of Alumex Group and Amaya Leisure PLC in 2011. The Ceylon Continental Hotel was rebranded and unveiled as The Kingsbury Hotel in 2012.
Hayleys also made forays into the renewable energy industry from 2013 onwards, through its wind power, hydropower and solar power plants located in advantageous locations in Sri Lanka.
The Advantis Free Zone was opened for operations in 2015.
In 2016, Hayleys acquired a 75% controlling stake in Fentons Group (subsequently rebranded as Hayleys Fentons) and purchased the Kuda Rah Resort in the Maldives (which became Amaya Kuda Rah).
In 2017, Hayleys acquired 61.73% of the equity in Singer (Sri Lanka) PLC (the single largest acquisition for a listed company in Sri Lanka in recent times), as well as the majority stake in Sri Lanka Shipping Company Limited, a leading shipping and maritime organization, making Advantis the largest vessel operator.
Hayleys celebrated "140 years of excellence" in 2018.
In 2018, Hayleys entered into a strategic partnership with Martin Bauer group of Germany, renaming Hayleys Global Beverages as Martin Bauer Hayleys with the joint venture investment by MB Beteligungs GmbH.
In April 2021, Hayleys Fabric acquired a 98.84% stake in South Asia Textiles Limited as part of its strategic plan to export value-added fabrics.
Hayleys Lifecode was launched in 2022 as a roadmap for the conglomerate Hayleys PLC to achieve its environmental, social, and governance (ESG) goals.
Hayleys and its associates have forged successful partnerships with Mercedes-Benz, TATA International, Dystar, Symrise, Bayer Cropscience, Philips Lighting, Polymer Latex, Volvo, Fujifilm, P&G, Shimadzu, FedEx and Gillette.
From Wikipedia’s article on Hayleys, shared under CC BY-SA 4.0.4