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Mcleod Russel India shuts down Olyana Holdings LLC

25 Oct 2012 Evaluate

Mcleod Russel India has closed down Olyana Holdings LLC, Delawara, USA for not having any business activity. Olyana Holdings LLC, Delawara, USA is a wholly owned subsidiary of Borelli Tea Holdings and a step-down subsidiary of the company.

McLeod Russel India is the largest tea producing company in the world. In July 2005 McLeod Russel acquired Borelli Tea Holdings from the Magor family based in England and took over the 17 tea gardens of its Indian subsidiary Williamson Tea Assam. McLeod Russel is the largest tea exporter from India with a strong customer base in United Kingdom and Europe.

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