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JAT Holdings PLC, the market leader in wood coating in Sri Lanka, Bangladesh and the Maldives, has made its official entry into the African market in July by establishing a new entity called ‘JAT Paints Africa Limited’ in Kenya.
This expansion was made possible through a joint venture with Mayleen Corp, a well-established diversified business house based
in Kenya.
With this strategic move, JAT Holdings PLC aims to leverage its expertise in wood coating to capitalise on the business opportunities and potential growth in the African region.
The joint venture agreement was signed by JAT Holdings PLC Founder and Managing Director Aelian Gunawardene and Ruwan Fernando, Managing Director of Mayleen (K) Limited, a member of Mayleen Corp in Kenya.
This strategic move is set to strengthen JAT’s position as a leader in wood coatings across Africa, following its exceptional success in South Asia.
Through this partnership, JAT Holdings will now be able to manufacture and distribute the brand of Sayerlack wood coatings and other JAT products in key markets across Kenya and East Africa.
Expressing optimism and discussing the group’s strategic goals,
Gunawardena said, “This strategic partnership with Mayleen Corp marks a significant milestone and together, we are poised to set new standards of excellence. Furthermore, this partnership is aligned with our goal of establishing and growing our business overseas, to further help and support Sri Lanka’s economic rebound and strengthen the export sector.”
“The acceptance of JAT’s range of wood coatings among the large furniture manufacturers in Nairobi, Gabon and Lagos during this visit was beyond expectation and absolutely encouraging,” he added.
Mayleen Corp is a dynamic Kenya-based diversified business group with operations spanning across diverse sectors. Since the group’s first operations started way back in 2005, the company has undergone a remarkable transformation from a trading entity into a thriving and distinguished brand known for its impeccable business relations.
Mayleen’s expertise encompasses infrastructure development, civil engineering, electrical engineering, manufacturing, design and construction of powerlines, EV public charging stations, agribusiness, airlines – DMC and services across Kenya. Mayleen Corp also serves as a local gateway for international groups and companies, facilitating access to the thriving East African market through Kenya.
“Our goal is to work together to establish ourselves as the leading wood coatings provider in Kenya and East Africa,” said Mayleen Corp Founder and CEO Ruwan Fernando.
Gunawardena said, “This strategic partnership with Mayleen Corp marks a significant milestone and together, we are poised to set new standards of excellence. Furthermore, this partnership is aligned with our goal of establishing and growing our business overseas, to further help and support Sri Lanka’s economic rebound and strengthen the export sector.”
“The acceptance of JAT’s range of wood coatings among the large furniture manufacturers in Nairobi, Gabon and Lagos during this visit was beyond expectation and absolutely encouraging,” he added.
Mayleen Corp is a dynamic Kenya-based diversified business group with operations spanning across diverse sectors. Since the group’s first operations started way back in 2005, the company has undergone a remarkable transformation from a trading entity into a thriving and distinguished brand known for its impeccable business relations.
Mayleen’s expertise encompasses infrastructure development, civil engineering, electrical engineering, manufacturing, design and construction of powerlines, EV public charging stations, agribusiness, airlines – DMC and services across Kenya. Mayleen Corp also serves as a local gateway for international groups and companies, facilitating access to the thriving East African market through Kenya.
“Our goal is to work together to establish ourselves as the leading wood coatings provider in Kenya and East Africa,” said Mayleen Corp Founder and CEO Ruwan Fernando.
“Through our collaboration with JAT Holdings, we gain access to cutting-edge technology and expertise, highlighting our commitment to the industry. Our state-of-the-art facility in Kenya caters to local market demands, offering innovative, eco-friendly and superior wood coatings. With the strengths of JAT Holdings and Mayleen Corp combined, JAT Paints Africa is poised to make a significant impact, setting new standards of excellence and delivering products of unmatched quality to our customers, along with a unique customer service experience.”
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