Advent International

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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

Relevant Link

Ceylon Tobacacco Company’s website

References

  1. 1.0 1.1 1.2 Ceylon Tobacco Company. Annual Report 2010, 2011, accessed May 2017
  2. 2.0 2.1 The Island. CTC branches into Information Technology, 17 March 2002, accessed May 2017
  3. 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
  4. The Sunday Times. Ceylon Tobacco: Growing in a controversial market, 18 July 2004, accessed May 2017
  5. Ceylon Tobacco Company PLC. Annual Report 2008, 2009, accessed May 2017
  6. Ceylon Tobacco Company PLC. Annual Report 2009, 2010, accessed May 2017
  7. Registrar of Companies. Striked-Off Companies List, 30 January 2012, accessed May 2017
  8. DailyNews.lk. Workshop on European Leadership best practices, 15 January 2007, accessed May 2017