Advent International
From TobaccoUnmasked
Contents
Background
Advent International Limited was a fully owned subsidiary of Ceylon Tobacco Company PLC (CTC), established in 2001. According to the media reports quoting CTC, it was a global Enterprise Resource Planning (ERP) service centre providing ERP system support and business process consultancy for worldwide British American Tobacco (BAT) companies and other companies in Sri Lanka”.[1][2][3][4] In their Annual Reports since 2008, CTC stated that Advent International is “in the process of liquidation”.[5][6][1] It was struck-off from the Registrar of Companies list in January 2012.[7]
Directors and Employees
- Simon Northcott – According to media, a British National, Northcott, “set up and ran” the Advent International Limited until 2004.[8]
- Mustanser Ali Khan – Khan was a Director in Advent International. He was the Chief Executive Officer and Managing Director of CTC from 2007 to 2010.[1]
Affiliations
The media reports in 2002 mentioned the following as partners of Advent International:[2]
Tobacco Unmasked Resources
- Ceylon Tobacco Company PLC (CTC)
- British American Tobacco (BAT)
- The local language translations
Relevant Link
Ceylon Tobacco Company’s website
References
- ↑ 1.0 1.1 1.2 Ceylon Tobacco Company. Annual Report 2010, 2011, accessed May 2017
- ↑ 2.0 2.1 The Island. CTC branches into Information Technology, 17 March 2002, accessed May 2017
- ↑ The Island. Volumes up helped by excise restructure to combat illicit products: Ceylon Tobacco reports superior performance, upbeat for the future, 23 March 2003, accessed May 2017
- ↑ The Sunday Times. Ceylon Tobacco: Growing in a controversial market, 18 July 2004, accessed May 2017
- ↑ Ceylon Tobacco Company PLC. Annual Report 2008, 2009, accessed May 2017
- ↑ Ceylon Tobacco Company PLC. Annual Report 2009, 2010, accessed May 2017
- ↑ Registrar of Companies. Striked-Off Companies List, 30 January 2012, accessed May 2017
- ↑ DailyNews.lk. Workshop on European Leadership best practices, 15 January 2007, accessed May 2017