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MAS Holdings's Overview

Total employees13988
HeadquartersColombo
Founded

MAS Holdings is one of South Asia's largest design-to-delivery solution providers in the apparel and textile manufacturing industry. Founded in 1987, the company is headquartered in Colombo, Sri Lanka, and has grown into a global enterprise with a significant presence across multiple countries. MAS Holdings is renowned for its innovation in product development, sustainable manufacturing practices, and ethical treatment of its workforce. They specialize in intimate wear, activewear, and swimwear, serving leading global brands. The company strongly emphasizes technological advancement, digital transformation, and creating a positive impact on the communities and environments in which it operates.

Where is MAS Holdings's Headquarters?

HQ Function

The headquarters serves as the central command for global strategy, corporate governance, finance, human resources, innovation initiatives, and overall operational management for MAS Holdings' diverse business units.

Notable Features:

Situated in a modern commercial tower in Colombo's business district, offering state-of-the-art facilities designed to foster collaboration and innovation.

Work Culture:

MAS Holdings cultivates a work culture focused on innovation, continuous improvement, sustainability, and employee well-being. It's known for empowering its employees and fostering an environment of respect and ethical conduct.

HQ Significance:

The Colombo headquarters is pivotal in coordinating MAS's extensive global manufacturing network, driving its sustainability agenda, and spearheading innovations in apparel technology.

Values Reflected in HQ: The headquarters embodies MAS's core values of innovation, ethical practices, customer-centricity, and a commitment to sustainable development and global leadership in the apparel industry.

Location:

MAS Holdings operates a comprehensive global network spanning manufacturing facilities, design offices, and sourcing hubs across 17 countries. Key operational regions include South Asia (Sri Lanka, India, Bangladesh), Southeast Asia (Indonesia, Vietnam), and strategic presence in North America and Europe for design, marketing, and client services. This extensive footprint enables MAS to support the entire apparel lifecycle, from conceptualization and design to manufacturing and logistics, for leading international brands.

Street Address:

7th Floor, Aitken Spence Tower II, 315, Vauxhall Street

City:

Colombo

State/Province:

Western Province

Country:

Sri Lanka

MAS Holdings's Global Presence

MAS Fabric Park, Thulhiriya, Sri Lanka

Address: MAS Fabric Park (Private) Limited, Giriulla Road, Thulhiriya, Sri Lanka

Serves as a major manufacturing and innovation hub within Sri Lanka, showcasing MAS's commitment to advanced and sustainable production capabilities.

New York, NY, USA

Address: MAS Holdings USA LLC, (Specific street address often in Garment District, e.g., 230 West 38th Street), New York, NY, USA

Drives business development, innovation partnerships, and market intelligence for the critical North American market.

MAS Intimates India Pvt. Ltd., Chennai, India

Address: Plot No. A41 & A42, MEPZ-SEZ, Tambaram, Chennai, Tamil Nadu 600045, India

Key manufacturing node catering to global brands and contributing to MAS's diversified production footprint in South Asia.

MAS Holdings Vietnam, Binh Duong Province, Vietnam

Address: Lot G, Road N2, Nam Tan Uyen Industrial Park, Uyen Hung Ward, Tan Uyen Town, Binh Duong Province, Vietnam

Expands MAS's manufacturing capacity in Southeast Asia, providing flexibility and resilience to its global supply chain operations.

Buying Intent Signals for MAS Holdings

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of MAS Holdings

As of April 2025, MAS Holdings' leadership includes:

Mahesh Amalean - Chairman
Ajay Amalean - Co-Founder, Deputy Chairman
Sharad Amalean - Co-Founder, Deputy Chairman
Suren Fernando - Group Chief Executive Officer
Nemanthie Kooragamage - Group Director - Finance & Group Chief Financial Officer
Shirendra Lawrence - Managing Director - MAS Active & MAS KREEDA, Group Director - MAS Holdings
Rajiv Dharmendra - Chief Executive Officer - MAS Intimates, Group Director - MAS Holdings

Investors of MAS Holdings

MAS Holdings has been backed by several prominent investors over the years, including:

MAS Holdings is a privately held company, primarily owned by its founding Amalean family.
Over its history, MAS has partnered with strategic investors for specific growth initiatives. For example, the International Finance Corporation (IFC), a member of the World Bank Group, has been a long-term partner and financier, supporting various strategic expansions and sustainability projects.

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

MAS Holdings generally maintains a stable leadership team, with many executives having long tenures. Public announcements of C-suite changes are infrequent for the privately-held company. Any transitions are often internal promotions or managed discreetly. No major, publicly announced C-suite hires or exits have been broadly publicized in the immediate last 12 months, indicating leadership stability. Suren Fernando's appointment as Group CEO was in January 2023, slightly outside the 12-month window but a significant recent change.

Technology (Tech Stack) used by MAS Holdings

Discover the tools MAS Holdings uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

MAS Holdings Email Formats and Examples

MAS Holdings commonly uses a few standard email formats for its employees. The most prevalent patterns are [first_initial][last_name]@masholdings.com or [first_name][first_initial_of_last_name]@masholdings.com. Variations like [first_name].[last_name]@masholdings.com may also be in use.

[first_initial][last]@masholdings.com (e.g., jdoe@masholdings.com), [first][last_initial]@masholdings.com (e.g., johnd@masholdings.com)

Format

sfernando@masholdings.com

Example

80%

Success rate

News and media

Just StyleMay 15, 2024

MAS Holdings news title: MAS Holdings partners with Oceanium to scale seaweed-based fibre

Sri Lanka-based apparel and textile giant MAS Holdings has partnered with biotech company Oceanium to scale up the development of KELP-EU-NION, a fibre made from sustainably farmed seaweed. The collaboration aims to create an alternative, regenerative, and scalable material for the textile industry....more

Daily FT (Sri Lanka)February 7, 2024

MAS Holdings news title: MAS Holdings and Tata CliQ Luxury partner to launch Amanté’s everyday luxury lingerie in India

MAS Holdings, South Asia’s largest apparel tech manufacturer, has partnered with Tata CLiQ Luxury, India's premier luxury lifestyle platform, to launch its D2C brand Amanté’s new line of everyday luxury lingerie for the Indian market....more

Ecotextile NewsOctober 26, 2023

MAS Holdings news title: MAS Holdings commits to further emissions cuts

MAS Holdings has announced new, ambitious targets to reduce its greenhouse gas emissions, aligning with the Science Based Targets initiative (SBTi) to limit global warming to 1.5°C. This reinforces its commitment to sustainability and environmental stewardship....more

MAS Holdings Press Release / Multiple News OutletsJanuary 12, 2023

MAS Holdings news title: MAS Holdings Appoints Suren Fernando as Group Chief Executive Officer

MAS Holdings announced the appointment of Suren Fernando as its Group Chief Executive Officer, effective January 2023. Fernando, a long-standing MAS leader, succeeded Mahesh Amalean, who continues as Chairman....more

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