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Finlays sells business to Sri Lanka tea giant
A tea plucking machine in operation at a tea estate in Kericho county. Sri Lankan firm Browns Investment Plc has bought an undisclosed stake in multinational tea firm James Finlay Kenya in a deal that will see locals hold a 15 percent ownership.
Photo credit: Vitalis Kimutai | Nation Media Group
Sri Lankan firm Browns Investment Plc has bought an undisclosed stake in multinational tea firm James Finlay Kenya in a deal that will see locals hold a 15 percent ownership through a co-operative.
Finlay, with farms in Kericho and Bomet counties, will also retain the Saosa tea extraction facility, which will be used to source and process green leaves from outgrowers.
