Sri Lanka Equity Analytics

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Tuesday, April 12, 2011

Diesel & Motor Engineering PLC

Overview of the company
Diesel & Motor Engineering PLC was established in 1939 as apartnership and probably the oldest sole distributor for Mercedes-Benz Passenger and Commercial Vehicles, in the Asian Region. InSri Lanka, DIMO is colloquially known as the “Benz Company”.
The Company has a record of 68 years experience in theautomobile and engineering industry and over the years has made a major contribution towards the development of thetransportation sector in Sri Lanka. DIMO represents many prestigious principals such as Daimler, TATA, Chrysler, MTU,Bosh, Komatsu, Siemens, Michelin, Osram, and Mahindra &Mahindra. Dimo group has diversified its business segments intothe areas of Power Engineering, Building Technologies, PowerSystems, Agricultural Machinery, Lighting Systems and WaterManagement Solutions.
Read the Full Report
http://docs.google.com/gview?url=http://colombostockwatch.com/wp-content/uploads/2011/04/DIMO.pdf&hl=en_US&gdet=i&chrome=true

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