Eldoret tycoon acquires Tanzania tea firms for Sh6 billion

The chairman of DL Group of companies David Langat, with an official of Rift Valley Tea Ltd in Tanzania when they exchanged the handover documents.

Kenyan businessman David Langat has made a bold move to expand his tea venture with an acquisition of one of the leading tea producers and trading company in Tanzania.

Mr Langat who owns Koisagat Tea Estate in Nandi County has bought three companies from British firm Rift Valley Corporation for an estimated price of Sh6 billion.