M&A Activity • Feb 12, 2025
M&A Activity
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RNS Number : 7513W
Camellia PLC
12 February 2025
Camellia Plc
Goodricke Group Limited
12 February 2025
Camellia Plc notes the announcement by Goodricke Group Limited (an Indian subsidiary company of Camellia) on 11 February 2025 on the Bombay Stock Exchange in connection with the proposed sale of its Chulsa Tea Estate for c.INR 181m (c.£1.7m). Completion is expected on or around 15 March 2025, subject to entering into a final sale agreement and satisfaction of due diligence and customary conditions precedent.
ENQUIRIES
Camellia Plc 01622 746655
Byron Coombs Chief Executive Officer
Oliver Capon, Chief Financial Officer
Panmure Liberum 020 7886 2500
Nominated Adviser and Broker
Emma Earl
Rupert Dearden
H/Advisers Maitland
PR
William Clutterbuck 07785 292617
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