Cargills ventures into fuel retail with Lanka IOC

After revolutionising the retail supermarket business for almost four decades, Cargills (Ceylon) PLC marked a new milestone in its journey by opening Lanka IOC fuel stations at its Cargills Retail outlets.

The first Lanka IOC fuel station was opened at Cargills FoodCity - Wattala outlet on May 3, 2023, offering unprecedented convenience to customers. The ceremonial inauguration of the fuel station at the Wattala outlet took place in the presence of the Managing Director and the Senior Vice President (Retail Sales & HR) of Lanka IOC; and Deputy Chairman, Group Managing Director, Managing Director - Retail sector of Cargills (Ceylon) PLC and senior Cargills Group staff members, Cargills said in a media release.

Ranjit Page, Deputy Chairman of Cargills (Ceylon) PLC said, “We are delighted to inaugurate the first Lanka IOC fuel station at the Cargills FoodCity - Wattala outlet to offer customers a complete retail experience. We have had a longstanding relationship with Lanka IOC, as Cargills Express outlets were located at many of its fuel stations. We are pleased to leverage further on this valuable relationship by venturing into retail sale of fuel in partnership with Lanka IOC, and plan to open a series of fuel stations at our Cargills Retail outlets across the country in 2023 – to become more than a supermarket chain as we are focused on adding convenience to customers.”

The expansion into fuel retailing is yet another milestone in Cargills’ 179-year history, to build a sustainable and socially responsible business that touches the lives of millions of Sri Lankans every day. Cargills introduced the supermarket experience to Sri Lankans from all walks of life and is the only private sector food retailer to serve all 25 districts of the country. Today, Cargills Retail has an island-wide reach of over 500 outlets across the length and breadth of Sri Lanka.