Rossell India Limited has acquired Namsang Tea Estate from Dhunseri Petrochem And Tea Limited for R28.29Cr.
With this acquisition, the total tea estates owned by Rossell India in Assam stand at six with total production of 51 lakh kg of black tea in a year.
The Namsang Tea Estate, located in the Dibrugarh district of Assam, produces around 7.30 lakh kilogram of black tea.
Earlier, Rossell India had bid for a Rwandan tea estate which did not work out.
Dhunseri Group's flagship company Dhunseri Petrochem was formed with the merger of two manufacturing companies of Dhunseri group – Dhunseri Tea and Industries Ltd which was engaged in tea production and IT infrastructure and South Asian Petrochem Ltd which was into manufacturing of PET resin.
Last year, it acquired 100% stake in Assam-based Dowamara Tea Company Private Limited. It also acquired Assam-based Shreemoni Tea Company Private Limited's tea factory (10 lakh kgs p.a.), Sonaguri Tea Factory (10.5 lakh kgs p.a), tea factory of Primax Tea Pvt. Ltd (10 lakh kgs p.a.) and tea factory from Sona Assam Tea Co. (7 lakh kgs p.a.).
Rossell India has diverse interests in Tea, Aviation and Hospitality. Rossell Tea Ltd was incorporated in 1994 and currently caters to a large base of overseas buyers. These include Germany, Japan, the US, UAE and Iran.
The company controls Dikom, Nokhroy, Nagrijuli, Bokakhat and the Romai tea estates, comprising 2,170 hectares.
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