Mcleod Russel India’s 100% step-down subsidiary - Phu Ben Tea Company, Vietnam has signed an agreement for purchase of a tea processing factory in Vietnam with annual production capacity of 1.2 million kgs for a consideration of $2,754,000 plus VAT at the applicable rate. The company had signed the agreement on May 03, 2013.
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.
Company Name | CMP |
---|---|
Tata Consumer Produc | 1087.30 |
CCL Products (India) | 562.20 |
Mcleod Russel | 23.95 |
Goodricke Group | 172.50 |
Jay Shree Tea | 103.25 |
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