McLeod Russel expects $2m revenue from Rwanda acquisition

McLeod Russel just completed 60% acquisition of a Rwandan tea company. Aditya Khaitan, managing director of the company spoke to CNBC-TV18 about this and the way forward for the company.

He says that the small company that produces just about two million kilogram of tea, yields high profit margins, and therefore, it must contribute around USD 2 million in terms of revenue for McLeod.
"Overall, the three overseas acquisitions of the company (in Rwanda,Uganda and Vietnam) are doing really well and are likely to bring in Ebitda of nearly USD 50 million in the current year," he says. Below is the edited transcript of the interview. Also watch the accompanying video. Q: Does this 60% acquisition now get consolidated into the P&L of the listed stock, should we therefore expect a bump up in revenues in the listed stocks?
A: This has been bought over by Borelli Tea Company which is a 100% subsidiary of McLeod Russel and will get consolidated with out Ugandan and our Vietnam companies. So yes, it does get consolidated. It