Maharaja Foods, SPAR partner to expand retail outlets in Colombo

Monday, 15 September 2025 03:55 - - {{hitsCtrl.values.hits}}

Maharaja Foods PLC has entered into a Memorandum of Understanding (MoU) with SPAR Sri Lanka Ltd. to establish four new retail outlets in the Colombo region.

The company said this collaboration brings together Maharaja Foods’s product expertise and distribution capabilities with SPAR Sri Lanka’s international retail standards and operational framework. The initiative forms part of the company’s long-term strategy to expand its retail presence, enhance consumer access, and strengthen its position in the FMCG and food retail sector.

Development activities are expected to commence immediately following the MoU signing, with phased rollouts planned thereafter.

The Board of Directors is of the view that this expansion will contribute positively to shareholder value and support the company’s growth trajectory, the company said.