AHL Group, which until 26th February 2015, was known as Auction Holdings Limited is one of the oldest companies in Malawi. The company was established in 1936 to operate structured and organised tobacco marketing system as a way of supporting the growth of tobacco production in the country. Over the years, the company has experienced massive growth through its diversification agenda which has witnessed a shift from being a predominantly tobacco marketing company to a group of diversified companies with strategic business investment portfolios. In addition to operating tobacco markets in Malawi and AHL Group wholly owns Malawi Leaf Company Limited (MLCL), TIL Limited, Agricultural Trading Company (ATC), AHL Chemicals and Steel Limited (ACSL), and AHL Commodities Exchange (AHCX). Through these investments and other future strategic business projects, AHL Group is positioned to contribute in driving Malawi's economy to another level.