ACE Hardware & Home Center and Color Bank Owned and Managed by Co-Load Maldives Pvt Ltd 2436 views

ACE Hardware & Home Center and Color Bank Owned and Managed by Co-Load Maldives Pvt Ltd


Something About Company

Maldives Pvt Ltd came into existence in the year 1986. Our first line of
business was in cargo clearance involving air and sea cargo for importers and
exporters with notable clients such the UNDP, Alcatel and Indoex (for an
international scientific expedition), to name but a few.


1994 we signed an exclusive agreement with the now Crown Paints Ltd of UK to
sell decorative paints to the emerging construction industry in the Maldives
under a brand outlet name of Color Bank. Under the Color Bank banner we have
exclusive distribution of Sikkens brand automotive paint, Akzo Nobel’s world
leading aerospace coating, ANAC and Jotun Marin Paints from Norway.


2010 Co-Load signed a franchise Agreement with Ace International of Chicago,
USA, to open the first store of its kind in the SAARC region. Our first Ace
Hardware and Home Centre store was inaugurated 15th Dec 2011. The second store
was inaugurated on 6th Feb 2014. These are two flagship stores which have
transformed the hardware and home appliances retail trade of the country.


have ventured into education industry by opening the first tertiary education
institute by the name of Maldives Business School in 2010. The school is
affiliated with the Institute of Bankers of Sri Lanka and Edexcel of UK. It was
officially recognized as a college by the Ministry of Education in 2013. The
school is managed by a sister company called Educorp Consulting Pvt Ltd.

diversified into Real Estate and construction in 2011 through another sister
company called Co-Load Developments Pvt Ltd. Under this, Co-Load developments
have completed construction projects of approximately 41,400 square feet and
currently construction is under way on approximately 40,800 square feet. Within
this short span of time, we have established ourselves as a reliable and
quality contractor in the Maldives’ construction industry.

we have grown big, our core values and objectives still remain the same – being
honest, maintaining quality and reliability in our products and services and
treating everyone with respect and dignity. We will always endeavor to deliver
the best to our customers and will always adapt to the ever changing demands of

are growing and the dream is big. We welcome inquiries from potential
investors, local and international, who are interested to work with us in
realizing their dreams.



We are your local hardware store and
we are a part of your community.  Ace Hardware was launched in the
Maldives on 15 December 2011 in partnership with Ace International, Chicago,
USA, and subsequently, ACE HARDWARE AND HOME CENTRE’s first store was
opened in Male’, the capital city, on 20 December 2011. At the completion
of successful two years, a second store was opened for business on 19 December

Founded in 1924 by a small group of Chicago hardware store owners, Ace changed
the retail landscape by allowing individual stores to purchase merchandise in
bulk to save money and buy at the lowest possible price. This partnership
enabled even the smaller stores to compete effectively at retail despite larger
stores in their market.

Within this partnership, ACE HARDWARE AND HOME CENTRE store in Male’ is owned
and managed independently by Co-Load Maldives Private Limited, a hardworking
business owner that is passionate about working for the betterment of the

Ace stores in the USA and around the world come in all sizes and shapes –
small, urban stores, large rural stores and everything in between. Ace stores
offer a wide variety of hardware and fix-and-replace type products, as well as
niche items and services relevant to the local community. And of course, every
Ace store offers friendly, expert advice and service whether you are hunting
for a special tool or looking for help with a particular project. Ace store
owners take pride in the time and effort they put into making their stores the
most helpful hardware stores by providing quality and affordable products, and
delivering helpful service and solutions by their well-trained staff.

The moment you walk in the door, you will know why we are Ace, The Helpful

If you’re passionate about your career
and want to contribute to a company you can believe in, consider sharing your
talent with us. Join us in continuing our legacy of making Ace “the
helpful place.”




Bank is a branded store in operation since 1994, providing world-class
paints and sundries.

1994, Co-Load Maldives signed an exclusive agreement with the now Crown
Paints Ltd. of UK to supply decorative paints to the emerging construction
industry of the Maldives. Subsequently, the company signed another exclusive
agreement with Akzo Nobel of the Netherlands to offer their premium line,
the Sikkens brand of automotive paints, in the Maldives. Color Bank
is also the exclusive distributor of Akzo Nobel’s world-leading aerospace
coating, Akzo Nobel Aerospace Coating (ANAC). An exclusive agreement
was also signed in late 2000s with Jotun Paints of Norway to sell
their marine range of paints in the country. In addition to paint, Color Bank
carries the nation’s widest variety of paint related accessories, including
painting sundries from Ace Hardware of USA and other leading brands of sundries
from the USA and across the globe.

and operated by Co-Load Maldives Pvt. Ltd., Color Bank is a well-established
and reputed dealer of world class products, today. Situated at two prime
locations of the capital city, Male’, Color Bank offers walk-in customers, the
convenience of state of the art modern showrooms, where customers can make the
choice of paint color to match their need and get the helpful advice to get
their job done right.

mission is to deliver affordable, quality products, services and solutions to
our customers and the community, while gauging market needs and keeping pace
with advancements in the industry.



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We’d Love to Hear from You! Our friendly Help Team can be reached Saturday through Thursday.

Male' 20076, Maldives
+960 9993882


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