Who We Are
A journey of pursuing possibilities
Our journey of making umbrellas started in 1977, which marked the dawn of a new era. Since then, our business has grown from strength to strength and has become one of the biggest diversified entities locally, having a presence across different industries.
History of Rainco
The Dawn of A New Era
In an open economy, five bold people got together to form a different type of a business making umbrellas.
The Battle Begins
The business had to face fierce competition from international brands.
The Unwavering Corporate Identity
The small business was transformed into a reputed business entity with the formation of “Sri Lanka Umbrella Industries” giving birth to the umbrella brand “Globe”.
An old tea factory in Kadugannawa was converted into a mass umbrella production facility.
Covering The Corporate Segment
The corporate division was established to cater to the corporate business entities with customized/branded umbrellas.
Rainco! The name says it all.
The company’s umbrella brand was re-born with the name “Rainco” and the rest is history.
A Joint Venture was formed with an establishment in India for the component manufacturing. The company also established an in-house injection molding plant.
Focus On Quality
Rainco obtained ISO 9001-2000 certification.
Spreading The Wings
A new factory was established under BOI (Board of Investments) Sri Lanka to focus on exports.
“Giftworks” was formed to provide complete customizable gifting solutions to the corporate sector.
Living The Values
Obtained BSCI Social and Welfare Compliance certification for the manufacturing facility.
The Journey Continues
Today, Rainco is a large-scale manufacturing, marketing and distribution company continuing to widen its horizons.
S L M Fausz
Chief Executive Officer & Director
Group Finance Director