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Unilever adds Pukka herbal tea to drinks portfolio
September 7, 2017 / 9:22 AM / 13 days ago

Unilever adds Pukka herbal tea to drinks portfolio

LONDON, Sept 7 (Reuters) - Unilever has acquired Pukka herbal teas, the latest in a string of deals by the Anglo-Dutch consumer giant to add smaller brands promoted as artisanal or healthy.

The world’s largest tea company, home to Lipton and PG Tips, said on Thursday it had acquired Pukka Herbs Ltd, which has annual sales of 30 million pounds ($39 million) and growth of 30 percent. It did not disclose the price it paid.

It recently bought Sir Kensington’s mayonnaise and in recent years bought Grom and Talenti gelato brands.

$1 = 0.7659 pounds Reporting by Martinne Geller; editing by Jason Neely

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