The story
Melstacorp PLC was originally formed as Beruwala Distillery (Private) Limited in 1995. Distilleries Company of Sri Lanka (DCSL) acquired the company and renamed it Melstacorp Limited in order to subsequently make it the holding Company of the then DCSL group. All subsidiary companies of DCSL were transferred to the Company between 2010 and 2015. In 2016 through a 180-degree share swap, Melstacorp became the holding company of DCSL.
After the share swap, Melstacorp was listed in the Colombo Stock Exchange on 30 December 2016.
From Wikipedia’s article on Melstacorp, shared under CC BY-SA 4.0.4