Ekaterra to stop tea production in Russia

AK&M 01 August 2022 18:41

Ekaterra will stop producing tea in Russia. We are talking about Lipton, Saito and Brooke Bond brands. This was announced by the company. Sales will cease after that, and obligations to employees will be fulfilled.

Recall that on July 1, Unilever reported On completion of the sale of Ekaterra to CVC Capital Partners. Unilever and CVC signed an agreement to sell Ekaterra in November 2021 for 4.5 billion euros.

Ekaterra is a leading international tea production company. Ekaterra's portfolio includes 34 brands, including Lipton, PG tips, Pukka, T2 and TAZO. In 2020, revenue amounted to about 2 billion euros.