8th September 2011, the Hayleys and DPL announced to Colombo Stock Exchange that the DPL Plantation Acquire 33.33% of Hayleys Plantations Service (Pvt) Ltd on 1st September 2011.
By the Acquisition the DPL Plantation (Pvt) Ltd has increased its shareholdings of Hayleys Plantations Service (Pvt) Ltd to 66.66%.
The DPL Plantation (Pvt) Ltd is a fully own subsidiary of Dipped Products PLC, therefore the Dipped Products PLC controls 66.66% of Hayleys Plantations Service (Pvt) Ltd effectively.
The Hayleys Plantations Service (Pvt) Ltd is holds 74.74% of Talawakelle Tea Estates PLC.
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