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Unilever adds Pukka herbal tea to drinks portfolio
September 7, 2017 / 9:24 AM / 14 days ago

Unilever adds Pukka herbal tea to drinks portfolio

The company logo for Unilever is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 17, 2017. REUTERS/Brendan McDermid

LONDON (Reuters) - Unilever (ULVR.L) 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.

Reporting by Martinne Geller; editing by Jason Neely

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