Srilanka, Aug. 17 -- Hemas Holdings PLC, one of Sri Lanka's leading diversified conglomerates, announces its entry into East Africa through the acquisition of a majority stake in Twiga Stationers & Printers Limited, one of Kenya's leading stationery manufacturers and the owner of well-known stationery and learning brands including "Kasuku", "CrownBird" and "Envoy", with regional exports..

This marks Hemas' first international acquisition and represents a significant milestone in the Group's long-term strategy to build scalable businesses beyond Sri Lanka. It also positions Hemas with a strong operating platform in Kenya, one of East Africa's most dynamic consumer markets, with a GDP of over USD 136 billion and a young, growing populatio...