| Type | Public |
|---|---|
| Industry | Apparel |
| Headquarters | Colombo, Sri Lanka |
| Key people | Deshamanya Mahesh Amalean, Ajay Amalean, Sharad Amalean, Dian Gomes, Timothy Speldewinde |
| Products | Intimate Wear, Active Wear, Fabric Production, Finance, Consulting |
| Revenue | $570m (2005)[1] |
| Employees | 45,000+ |
| Website | Official Website |
MAS Holdings is one of the largest listed conglomerates on the Colombo Stock Exchange in terms of market capitalization in the large apparel industry of Sri Lanka.[2]
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Founded in 1986, MAS designs and makes underwear and sportswear through its MAS Intimates and MAS Active divisions. The Sri Lankan company currently comprises 28 factories and design studios across 5 countries employing over 45,000 people.
The MAS name came from the first letters of its founders. Mr. Mahesh Amelean, Mr. Ajay Amelean and Mr. Sharad Amelean.
Joint ventures include:
Aside from Strategic Partnerships, MAS Holdings also has various clients, including some major global brands:
MAS Holdings actively promotes it workplace ethics through its empowerment of Woman (GoBeyond Program) and its opposition to sweatshops and child labour, often stigmatised within the textile industry in Asia.