Sri Lanka’s Browns acquires Lipton tea estates in Kenya, Rwanda and Tanzania

Ekatera Tea Kenya plc (now Lipton) in Kericho County.

Photo credit: Vitalis Kimutai I Nation Media Group

Sri Lanka’s Browns Investment Plc has taken over tea estates and factories owned by Lipton Teas and Infusions in Kenya, Rwanda, and Tanzania. 

The deal will push Browns’ processing capacity to 87 million kilogrammes of tea, making it one of the world’s largest tea companies.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.