Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Unilever sells Lipton for 4.5 billion euros

Cvc Capital acquires the entire tea and infusions division

Unilever announced the sale of the global tea business to CVC Capital Partners for € 4.5 billion, concluding a division review and spin-off that lasted more than two years.The business sold, called "Ekaterra", hosts a portfolio of 34 tea brands including Lipton, PG Tips, Pukka Herbs and Tazo (the latter purchased just over 3 years ago by Starbuck's) and generated in 2020 a turnover of 2 billion euros. U...

hef - 22138
Londra, Regno Unito, 11/22/2021 08:52
EFA News - European Food Agency

Similar

IndustryItalpizza opens new factory in France

With the reopening of the former Nestlé plant, the Modena-based company aims to reach markets in northern Europe

With the inauguration ceremony of the new French production site in Caudry (Hauts-de-France), held in the presence of the French Minister for Industry and Energy, Marc Ferracci, Italpizza, a company from... more

IndustryDe' Longhi: preliminary revenues 2024 at 3.5 billion euros

Estimated annual growth of +13.7%. 2025 turnover to increase by 5-7%

The De' Longhi Group closed 2024 with revenues in strong expansion compared to the previous year, thanks to a significant acceleration of organic growth trends in the main categories of the household sector,... more

IndustryBialetti, Nuo Capital ready to rescue?

According to rumors the offer of the Hong Kong fund of the Pao-Cheng family is close

The agreement between Bialetti and Nuo Capital, the investment arm of the Hong Kong family office Wwic, led by Stephen Cheng, is increasingly close. The company, controlled by the Pao-Cheng family and... more

◄ Previous page