LONDON: Camellia Plc sold its shares in BF&M Limited to Bermuda Life Insurance Company Limited for $100 million on 5 December. The sale resulted in a net profit of around £10.7 million for Camellia. The company plans to use the funds to grow its business by investing in its existing companies and exploring new opportunities….
Tag: Camellia Plc
Camellia Plc announces sale of Abbey Metal Finishing
LONDON, UK: In line with Camellia’s previously stated strategy involving a review of its non-core investments, Camellia announces the sale of its interests in Abbey Metal Finishing Company Limited and its subsidiary Atfin GmbH in Germany to a newly incorporated company set up by GIL Investments for the purpose of the acquisition and Aerotech GmbH…