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Tanzania: TransCentury looks to sell 100 percent of tea packager

By  |  December 17, 2012
Tanzania: TransCentury looks to sell 100 percent of tea packager

TransCentury, the Kenya-based company who currently owns Chai Bora, has officially appealed to the Fair Competition Commission to transfer 100 percent of its stake in the tea packager to Catalyst F&B Holdings LLC. The FCC is currently requesting public comment on the matter. TransCentury announced its plan last October, but did not comment on its proposed value. Chai Bora is its only investment that does not involve power, infrastructure or engineering, according to reports.

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