Lipton Teas and Infusions

Lipton Teas & Infusions, the tea company owned by investment firm CVC Capital Partners, has announced a deal to sell its Turkish tea production operations to local manufacturer Ozgur Cay, The deal would sea the Netherlands-based business transfer control of two processing facilities in Rize, subject to approval from Turkiye’s Competition Authority. “An agreement has been reached between Lipton Teas and Infusions and Oz-Gur Cay Inc. for the transfer of shares of …

Netherlands-based Lipton Teas and Infusions, the tea business divested by Unilever formerly known as Ekaterra, and Sri Lankan conglomerate Browns have agreed a new partnership that will reportedly make the latter the world’s leading tea producer. The long-term agreement will see Lipton Teas and Infusions cede control of its tea estates in Kenya, Rwanda and Tanzania, with a stipulation that tea will be grown and harvested to new quality, social …