History

OUR JOURNEY THROUGH THE DECADES

For over 160 years, MTD Walkers PLC has been making its mark in the Sri Lankan infrastructure industry. In that time we have constantly been evolving and moving towards change, considering every challenge as an opportunity for learning, innovation and growth.

Milestones

1840

An enterprising Scotsman named John Walker attracted by the colonial outposts of the British Empire arrived in Ceylon.

1840-1854

John Walker founded the entity known as John Walker & Company, which specialized in mechanical engineering to service the plantation sector.

1891

The firm assumed Limited Liability status in the United Kingdom as Walker Sons & Company.

1902-1975

With major infrastructure development going on at the time, Walker Sons & Company established itself as an expert engineering firm

1975

Walkers was transformed into a rupee company, in keeping with the Ceylonisation policy of the Government of Sri Lanka. Walkers was involved in the installation of the first touch button elevator in Sri Lanka, the Maskeliya Oya project and the mega Mahaweli Diversion scheme.

1979

Rapid development at the Colombo Port provided opportunity for the firm to expand operations. A relocation was carried out moving operations from Kandy to Colombo allowing the Group to enter marine engineering and undertake some of the largest and most advanced ship repair work at the time.

1981

Walkers Piling (Pvt) Ltd enters the construction industry pioneering deep piled foundation technology in Sri Lanka, executing several high profile projects for both the private and public sector.

2006

Acquires CML Edwards Construction Ltd and restructures to form a fully integrated infrastructure solutions provider.

2009

MTD Capital Bhd acquires the Walkers Group of companies from Kapila Heavy Equipment, subsequently rebranding the Group as MTD Walkers PLC.
MTD Capital Bhd acquires Northern Power Company (Pvt) Ltd and transfers the entity to MTD Walkers PLC in 2012.

2012

MTD Walkers PLC acquires Western Air Ducts Lanka (Pvt) Ltd to enhance engineering capabilities.

2013

MTD Walkers PLC acquires Colombo Engineering Services (Pvt) Ltd to re-enter the Marine Engineering business.

2015

MTD Walkers PLC forays into the Real Estate sector by acquiring Wincon Development Ceylon (Pvt) Ltd and establishes Walkers Equipment to enter the infrastructure development support business.