Initially established to serve the automotive, power, and energy sectors, the company has significantly expanded its operations beyond its original focus.

Over the years, LAUGFS has diversified into a variety of industries, including leisure, retail, engineering, logistics, and pharmaceuticals.

[1] LAUGFS Holdings Limited, a prominent Sri Lankan conglomerate founded in 1995 by Dr. W. K. H. Wegapitiya and Thilak de Silva, has significantly expanded its presence across diverse industries since its inception.

In 2000, LAUGFS ventured into consumer food retail by launching the country’s first 24-hour supermarket in Havelock Town, marking the start of its diversification strategy.

[6][7] LAUGFS Terminals Limited, operates the largest LPG transshipment facility in South Asia, located at the Hambantota International Port, with a substantial storage capacity of 30,000 MT.

With a growing network of fuel filling stations, LAUGFS Petroleum serves over 30,000 customers daily.

LAUGFS Petroleum's fuel stations offer nitrogen and digital air services, lubricants, domestic gas cylinders and accessories, and car care items.

This financial stability has enabled the company to forge partnerships and invest in LPG importing firms, strengthening its position in the international market.

The company also provides logistics support, including gas carrier chartering, to offer integrated energy.

LAUGFS International offers a range of products including Yamaha petrol and diesel generators, water pumps, and multipurpose engines.

LAUGFS International operates through a network of trade channels, retail outlets, and online stores.

Located in Nugegoda and Maharagama, Sri Lanka, Jade Restaurants offer in-house dining, takeaway options, and delivery services.

The company holds certifications including CIDA EM1, C2, and ISO 9001:2015, and offers a range of engineering services.

It produces a range of tyres, including solid, press-on, resilient, and skid-steer types, adhering to international standards.

Integrated Lube Shops within the service centres offer a range of lubricants and car care products.

Facilities include two restaurants, two bars, a spa, gym, swimming pool, and meeting rooms.

[27] LAUGFS Maritime Services (Pvt) Ltd, established in 2014, is a ship owning and management company in Sri Lanka.

It focuses on regional transportation and logistics solutions for Liquefied Petroleum Gas (LPG) and holds a CAP Rating One from the Lloyd’s Registry of Shipping.

Using advanced Form-Fill-Seal technology, the facility manufactures approximately 25 brands of IV fluids in PP Bags under controlled conditions.