Limuru Tea Plc Explained

Limuru Tea Plc
Type:Public
Industry:Agriculture
Traded As: [1]
Location:Limuru, Kenya
Revenue: KSh.104 million/= (2023)[2]
Products:Tea
Parent:CVC Capital Partners through Lipton Teas and Infusions

The Limuru Tea Plc is a Kenyan company that is listed on the Nairobi Stock Exchange and engages in the growing of green leaf tea. The Company owns 282 hectares of tea land situated four kilometers to the east of Limuru Town.[3]

The Limuru Tea Plc is an out-grower to ekaterra Tea Kenya PLC (eTK), formally Unilever Tea Kenya Limited (UTKL).[4] eTK holds 52% of the issued share capital of Limuru Tea and acts as the company's managing agent in the growing, manufacturing, sales and marketing of its teas.[5] The Limuru Tea estate green leaf is manufactured in the nearby eTK's Mabroukie factory from where it is sold mainly for export.[6]

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Notes and References

  1. https://www.reuters.com/finance/stocks/overview?symbol=LIMT.NR Reuters - Limuru Tea Company Limited
  2. http://www.rich.co.ke/rcdata/company.php?i=NTA%3D Rich Management Company Data - Limuru Tea Company Limited
  3. Web site: Limuru Tea Plc - 2020 Annual report. Unilever.
  4. Web site: Limuru Tea: About us . 20 August 2023.
  5. http://www.cma.or.ke/images/stories/reports/Limuru%20tea/2012.PDF Limuru Tea Company Limited 2022 Annual Report
  6. Web site: Description - Limuru Tea Plc. African Financials. 19 October 2019.