Lipton

Brand of tea

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May 2024 Lipton Teas and Infusions announced an agreement to sell its tea estates in Kenya, Tanzania, and Rwanda to Browns Investments, with proceeds to be reinvested into East Africa's tea industry.
February 2024 Lipton Tea Innovation & Technology Academy launched in collaboration with the Government of Kenya and the University of Kabianga, offering training courses from vocational to advanced degrees in tea growing and harvesting.
August 2022 Lipton Teas and Infusions decided to completely withdraw from the Russian market due to the Russian invasion of Ukraine.
July 2022 The sale of Unilever's tea business was completed, with the new company named 'Lipton Teas and Infusions'.
November 2021 Unilever reached an agreement to sell the majority of its tea business to CVC Capital Partners for €4.5 billion.

This contents of the box above is based on material from the Wikipedia article Lipton, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

See Also

Unilever

British multinational consumer goods company

PepsiCo

American multinational food and beverage corporation

CVC Capital Partners

British private equity and investment advisory firm