Lipton Teas and Infusions facts for kids

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Lipton Teas & Infusions

Formerly	Ekaterra (2021–2023)
Type	Private
Industry	Drink
Predecessor	Unilever
Founded	2021; 3 years ago (2021)
Headquarters	Rotterdam (South Holland) , Netherlands
Area served	Worldwide
Key people	Nathalie Roos (CEO) Pierre Laubies (Chair of the board)
Products	Tea
Brands	PG Tips Lipton Brooke Bond Pukka T2 Tazo Red Rose Tea Laojee (Sri Lanka only) Salada
Owner	CVC Capital Partners
Number of employees	17,000 (2024)

Lipton Teas and Infusions is a private company based in Rotterdam, Netherlands, that produces tea and other herbal drinks. It was formed in 2021 as a distinct division within Unilever as part of a plan to divest the majority of its tea-making business and was initially named Ekaterra. Unilever retained businesses in India and Indonesia, as well as its Lipton iced tea joint venture with PepsiCo.

History

The private equity firm CVC Capital Partners reached an agreement in November 2021 to purchase the division for €4.5 billion. The sale was completed in July 2022.

A month after the sale, the company announced its withdrawal from the Russian market. The current situation in the country "does not allow the company to develop its business steadily", said an Ekaterra spokesman.

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