Elasto Group presents a novelty and the grandeur of the years gone by in the ever competitive business environ. Our product differentiation is also found in this uniqueness. In this format we have a story to reveal to the world. It’s about our benefactors the late Eng. Donald Gunasekera in the fame of McGill University of Canada and his brother Late Wilson Gunasekera a business magnet of his own right who set out to establish Elasto first as Foamtreads and thereafter as Elasto Ltd. The duo was, energetic forward looking young men with a heart bent on developing the Bentota village.
It is no coincidence that it was the first Sri Lankan footwear industry and for that matter the first industry to set foot in Sri Lankan soil between Bentota and Gintota in the way back as 1947.
It is no exaggeration to state that Late Eng Donlad Gunasekera, then the Chairman of Elasto and his late brother Wilson, then dy chairman Elasto Ltd have been acclaimed as the personalities who made the Sri Lankan feet elegant while providing due protection it deserves by placing Sri Lankan feet in a shoe with low price yet of high quality which was placed at the ready disposal of the Sri Lankans then.
As an evergreen company Elasto Group extended its natural latex products to the foreign markets thanks largely to its benefactor the Late Eng. Donald Gunasekera. Presently the Elasto Group is in the reign of second generation and is placed in the capable hands of another giant from Gunasekera family namely Mangala Gunasekera, a Technocrat of high reckoning and also of great philanthropic mould as his late father. Elasto consistently is hailed by Sri Lankans as a national treasure and is held by them close to their hearts as a luxuriant flower blooming in a vine risen in the firmament and yielding to fragrant swaying to beautify the bounty of mother Sri Lanka.
Why Choose us
I am honored to lead this group as the representative of the second generation of the company, which my late father Eng. Donald Gunasekara with his brother late Wilson Gunasekera co-founded. In fact if not for the able and unstinted support of late Mr.Wilson Gunasekera in the formidable position of managing director of Elasto Ltd, my father may not have achieved all what is evident today. It is also coinciding with its 69th anniversary of Elasto and the milestones it has achieved in her long stride thanks largely to investors, dedicated customers, stakeholders, and above all our loyal employees who have supported the optimization of the company productivity as evidenced to date. We are crossing the International borders to reach USA, Pacific Rim Countries, Europe and South East Asia to name a few. We are witnessing the rapid progression of the group achieved through forces of synergy culminating from dedication, commitment, application and leadership. The group is now fully backed-up by a bevy of professionals in charge of its nine departments following a new strategic direction. Our vision is to be the most preferred OEM in the ensuing years and to revisit the glory Elasto was basked in, in the years gone by as premier Sri Lankan footwear manufacture and the preoccupation in the loving memory of Sri Lankan households as well.
Opening new office building at Bentota.
Re-Opening of ELASTO Showroom at YMBA Building, Colombo 01
The founder of ELASTO Group Mr. Donald Gunasekera honored by the University of Ruhuna through the bestowal of “Rohana Pradeepa” for his contribution towards the development of the rubber industry.
ELASTO won the “Innovative Rubber Products and Processing Award”
Textrip became the first ISO 9002 Quality Assurance Certified company in Sri Lanka
ELASTO moved into export market.
ELASTO won the certificate of “Silver Jubilee Merit Award” from Plastic & Rubber Institute for its contribution for the industry
ELASTO won the certificate of “Merit” from Plastic & Rubber Institute for its contribution for the industry.
Became the first to produce gents’ footwear in Sri Lanka using the method “PROCESS 82” invented by ROSEARCH USA.”PROCESS 82” is a revolutionary invention where the upper and the outsole of the footwear bonded using vulcanizing methody.
Establishment of ELASTO
ELASTO produced its first footwear using rubber as the main material.
Because of the elasticity effect it had we named it as “ELASTO”. It is the emergence point of “ELASTO” brand.
An incredible human being with unique qualities that I have not seen in anyone to date. I have known Mr. Donald Gunasekera for over 30 years. Our first meeting took place at his residence at Palm Grove Avenue, Colombo 03. He was not only an engineer who qualified in Canada but also was a great inventor and practical rubber technologist.