 | |
| Formerly | Ekaterra (2021–2023) |
|---|---|
| Company type | Private |
| Industry | Tea |
| Predecessor | Unilever |
| Founded | 2021 |
| Headquarters | , Netherlands |
Area served | Worldwide |
Key people | |
| Products | Tea |
| Brands |
|
| Owner | CVC Capital Partners |
Number of employees | 17,000 (2024) |
| Website | liptonteas |
LIPTON Teas and Infusions is a privately held company based in Amsterdam, Netherlands, that produces tea and other herbal drinks.
It was formed in 2020 as a distinct division named Ekaterra within Unilever. Private equity firm CVC Capital Partners reached an agreement in November 2021 to purchase the business for €4.5 billion.[2] The sale was completed in 2022,[3] after which Ekaterra was renamed as LIPTON Teas and Infusions. Unilever retained the use of the brands in India, Nepal, and Indonesia, as well as its ready-to-drink Lipton Iced Tea joint venture with PepsiCo. [4]
- ^ Woolfson, Daniel (4 July 2022). "Ekaterra appoints new CEO and chair". The Grocer. Retrieved 10 July 2022.
- ^ "CVC agrees €4.5bn deal to buy Unilever's tea business". www.ft.com.
- ^ "Unilever completes sale of tea business - Food & Drink Business". www.foodanddrinkbusiness.com.au.
- ^ Devlin2021-11-19T12:42:00+00:00, Ed. "Unilever offloads global tea business to CVC in €4.5bn deal". The Grocer.
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