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Shalini
Shalini
May 04 2026
52In a significant move within the local automotive industry, Melstacorp PLC announced today (04) that its fully owned subsidiary, Mels Automobiles (Private) Limited, has been appointed as the authorized importer and dealer for BMW automotive vehicles in Sri Lanka.
The disclosure, made to the Colombo Stock Exchange today (04), outlines an extensive scope for the new appointment. Under this agreement, Mels Automobiles (Private) Limited will hold responsibility for the importation, sales, and distribution of new BMW vehicles.
Furthermore, the company will manage the supply of genuine BMW parts and provide authorized aftersales and service operations, ensuring all activities are in full alignment with global BMW standards.
Melstacorp PLC characterises this partnership as a strategically significant milestone. The company stated that the move is designed to strengthen the Group’s presence in the premium automotive sector while supporting its overarching long-term growth strategy.
To support this new venture, Melstacorp PLC expressed a firm commitment to investing in world-class infrastructure and maintaining operational excellence. The company aims to build a sustainable, professionally managed premium automotive business centered on customer-centric service delivery.
Source: Adaderana
