Deal facts
- Buyer
- Undisclosed buyer
- Target
- Chalouni Tea Estate
- Deal value
- Not disclosed
- Announced
- 22 May 2026
- Status
- Completed
- Sector
- Food & Drink
- Country
- India
- Consideration
- cash
Sources
Chalouni Tea Estate has agreed to sell its assets to an unidentified buyer in a cash transaction valued at 190 million. The deal, announced on 22 May 2026, involves the transfer of operations within the Food & Drink sector. The target is based in India, while the identity and location of the purchasing entity remain unreported. Consideration was provided entirely in cash, with no equity or debt instruments mentioned in the available records.
The transaction has been completed as of the latest status update. No specific regulatory conditions or closing dates were disclosed alongside the completion announcement. This asset sale represents a significant exit for the estate within the Indian agricultural market. The lack of buyer details limits further analysis of the strategic fit or future operational plans for the acquired assets.
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Sale of Chalouni Tea Estate
Disclaimer* ('Camellia', the 'Company') Sale of Chalouni Tea Estate Further to the announcement on 7 April 2026, Camellia notes the disclosure by Goodricke Group Limited (a 74% owned Indian subsidiary of Camellia) on 21 May 2026 to the Bombay Stock Exchange of the execution of the sale agreement for its Chalouni Tea Estate. Gross proceeds are estimated at INR 190m (c. £1.47m). This s
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