Hemas CEO in Sri Lanka Highlights Major Hurdles in Recent Kenyan Acquisition
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Hemas CEO in Sri Lanka Highlights Major Hurdles in Recent Kenyan Acquisition
FINANCIAL CHRONICLE – The management of Twiga Stationers & Printers, recently acquired by Sri Lanka’s Hemas Holdings PLC, will face significant hurdles related to supply […] The post Hemas CEO in Sri Lanka Highlights Major Hurdles in Recent Kenyan Acquisition appeared first on FINANCIAL CHRONICLE.
Hemas Invests USD 16.2 Million in Kenya for First International Acquisition - Business News LK
Hemas Holdings PLC is investing USD 16.2 million to acquire a 75% stake in Kenyan stationery manufacturer Twiga Stationers and Printers Ltd., marking the group’s first international acquisition. The deal gives Hemas an operating base in Kenya, one of East Africa’s key consumer markets, and opens a new path for the Group to expand its consumer businesses beyond Sri Lanka. Kenya has a population of more than 54 million and a GDP of over USD 136 bi…
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