New tea estates to be acquired by Dhunseri Tea
Leading tea maker Dhunseri Tea is set to buy two tea gardens from Apeejay Tea Ltd. This comes after the firm entered into a deal with Warren Tea to buy its four tea estates in Assam. Dhunseri signed a memorandum of understanding (MoU) with Apeejay Tea Ltd for the acquisition of two tea estates located in the Tinsukia district of Assam for Rs 109 crore. This acquisition would give Dhunseri a bigger pie in the Assam tea market.
Also Read: Dhunseri Tea To Buy 3 Estates