22-05-2025
Is now the right time to invest in Camellia Group?
Blueberries, macadamia nuts, avocados and grain sound like one of those healthy breakfasts that newspaper fitness experts constantly extol nowadays. They could also be the recipe for a revival in shares in Camellia, the world's largest independent tea producer, which seems to undergo a makeover every few years.
Perpetual revolution can make it difficult for investors to know what they are buying into so Byron Coombs, the latest chief executive, is going for simplification by cutting out irrelevant operations and tidying up what remains. It sounds straightforward but it is a strategy that his predecessors apparently found beyond them.
In 2020 the company sold a Californian pistachio and almond farm for £17 million to buy into the Kent apple business a year later for £25
