The House of Cargills officially became incorporated as a Public Limited Liability Company

Ceylon Theatres acquired controlling interest in Cargills, and Mr. Albert A. Page was appointed as Managing Director and would go on to become the Chairman of Cargills the following year.

Cargills established its first supermarket at Staple Street in Colombo, under the ‘Cargills FoodCity’ brand

The company invested in its first manufacturing facility with the acquisition of the Goldi meat processing business

Cargills obtained the franchise license of the vastly popular international Quick Service Restaurant chain ‘KFC’ and opened it to the Sri Lankan market

Cargills started the farmer outgrower program, directly purchasing fresh produce from the farmer community. The first Cargills fruit and vegetable collection center was established in Hanguranketha, in the Central Province of Sri Lanka.

Cargills entered the dairy industry with the acquisition of the Walls ice cream facility in Banduragoda and launched the dairy ice cream brand ‘Magic’. Cargills started the dairy farmer outgrower program to support the collection of fresh milk. Cargills also diversified into agri-processing with the acquisition of the food brand ‘KIST’ that same year.

The Cargills Sarubima Fund was established to support the farming community and contribute towards their well-being

Cargills acquired the dairy brand ‘Kotmale’ to further expand the dairy business and entered the confectionery market with the acquisition of ‘Diana Biscuits’ which was rebranded as ‘KIST’ biscuits.

Taking a step further to introduce international cuisines to the local market, Cargills secured the franchise license for TGI Fridays and established the first restaurant in Colombo. The Company also commenced operations of the Cargills Square mall in Jaffna.

Cargills Bank officially commenced business operations, marking our entry into the financial service sector.

Kotmale launched Sri Lanka’s first fully integrated dairy processing facility in Banduragoda.

Cargills unveiled its first gourmet specialty supermarket ‘Cargills Food Hall’ at the Colombo City Centre Shopping Mall.

The Cargills Foundation was established to oversee the social development initiatives of the Group. The 400th Food City outlet was opened during the same year. Launched the Kotmale cheese processing facility in Hatton.

Launched Cargills Online, the Group’s ecommerce platform to cater to a growing online grocery market.