Kawalazi Estate Company Limited / Makandi Tea & Coffee Estates Limited

To have a global reach, the company through its wholly owned subsidiary, Dhunseri Petrochem & Tea Pte Limited has acquired 100% share capital of Kawalazi Estate Company Ltd and the Makandi Tea & Coffee Estates Limited (both companies based in Malawi, Africa). Accordingly the company has become the ultimate holding company of these two subsidiaries in Malawi, Africa. The aforesaid two subsidiaries based in Malawi, Africa in totality produce 94.50 lakh kgs of tea and 3.2 lakh kgs of Macadamia.

The Malawi gardens produce tea of a middling quality by tea bag manufacturers, which is a fast growing segment of the global tea segment. Besides, the Malawi acquisition has widened the Company’s offerings across the premium and middling segments, created a consistent international presence with a widening geographic footprint.