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Our Story

Abans ties up for the first time with the international brand Electrolux.

1968

Mr. Peshotan Pestonjee and Mrs. Aban Pestonjee open the first 300 sq.ft. Abans shop in Bambalapitiya.

1978

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1985

The founding of Abans Environmental Services, pioneering a visionary business focused on the environment.

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1981

Incorporation of Abans Electricals (Pvt) Ltd & Abans (Pvt) Ltd.

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1987

Abans ties up with the leading electronic and home appliance manufacturer ‘Gold Star’.


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1999

Opens the renovated, multi-storey, flagship showroom at No. 498, Galle Road, Colombo 03.

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1995

Gold Star re-launches as LG and Abans makes waves in Sri Lanka.

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2004

Abans 100th showroom is opened, continuing our journey of growth as one of Sri Lanka's leading retailers.


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2007

Launched BuyAbans.com, one of Sri Lanka’s first e-commerce platforms.

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2005

Incorporation of Abans Finance PLC, helping more Sri Lankans gain access to finance their everyday needs.

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2011

Incorporation of Abans Auto (Pvt) Ltd. - commences assembling, servicing, and spare part sales for Hero Honda motorbikes and TVS three-wheelers.


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2014

Listed in the Colombo Stock Exchange and changes name to Abans PLC.

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2013

Incorporation of Abans Engineering (Pvt) Ltd. through which the Group ensures specialised, high-quality engineering solutions.

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2015

Abans Group joins with Next Story Group in Singapore and begins construction on the BOI-approved, mixed development project - Colombo City Centre.


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2018

50th Anniversary Celebrations and opens the Colombo City Centre Mall.

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2018

Abans PLC introduces Hugo Boss, the world-renowned luxury brand, and enters the apparel business. Abans becomes the national distributor for Apple products and enters the furniture business with Abans Homes in Style.

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2019

Abans Auto becomes the official agent for the world-leading automobile manufacturer, Hyundai Motor Company.


NOW.

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2020

Abans PLC introduces Under Armour, a highly sought-after American brand for footwear, sportswear, and casual apparel.