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Friday, April 18, 2014         

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Texas company buys isle Mamaki tea producer

By Erika Engle

POSTED:



Mamaki of Hawaii Inc., owner and operator of Wood Valley Plantation in Pahala on Hawaii island, has been purchased by Texas-based UMED Holdings Inc.

Mamaki is a plant used by native Hawaiians to make tea with healing properties.

Wood Valley Plantation is located above the 2,000-foot elevation in the Kau district and produces award-winning coffee as well as mamaki. The mamaki operation is being expanded to help meet anticipated demand, the company said, in a statement.

UMED Holdings has interests in energy, agricultural operations, precious metals exploration, software and aircraft maintenance, and is traded over-the-counter via Pink Sheets.







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