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Ceylon Tea Brokers sells Logicare to David Pieris subsidiary for Rs635mn

Ceylon Tea Brokers sells Logicare to David Pieris subsidiary for Rs635mn

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Home Southern Asia Sri Lanka

Ceylon Tea Brokers sells Logicare to David Pieris subsidiary for Rs635mn

by Asia Today Team
October 31, 2025
in Sri Lanka
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ECONOMYNEXT – Ceylon Tea Brokers has bought its totally owned subsidiary Logicare (Pvt) Ltd to D P Logistics (Personal) Restricted for 635.3 million rupees.

D P Logistics is a member of the David Pieris Group of Corporations.

The share buy and sale settlement was signed on October 30, for the disposal of hundred p.c of the issued shares of Logicare, “based mostly on an Enterprise worth of LKR 1.3 Billion,” in accordance with a inventory alternate disclosure. (Colombo/Oct31/2025)



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