January 2018
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BEVERAGES & FOOD CHAIN
Finlays increases shareholding in Damin
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BEVERAGES & FOOD CHAIN

James Finlay ("Finlays") has acquired a further 9.51% of the equity in Damin International Holdings Limited, bringing its total shareholding to 49.51%. Damin is the world's largest producer of tea extracts and third largest producer of botanical extracts, with a product range that includes instant tea and tea concentrates, instant herbal tea and herbal concentrates, coffee, sweeteners, bottled beverages and instant beverage powders. Damin has the majority share of the Mainland China market and over the past five years has developed a growing international sales partnership with Finlays, supplying beverage brand owners around the world. Wholly owned John Swire & Sons subsidiary, Finlays, is a leading, vertically-integrated supplier of tea, coffee and natural extracts to the global beverage industry.
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Finlays increases shareholding in Damin
Finlays increases shareholding in Damin
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SwireNews January 2018 issue
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