date:Jun 07, 2013
DC Brands International, producer of functional beverages and health products, has purchased a minority stake in US-based Village Tea Company Distribution from Total Apparel Group.
Village Tea Company Distribution is the owner of Village Tea brand of premium loose leaf teas and tea accessories.
DC Brands is also provided with an option to acquire remaining interest in the company in future.
With this acquisition, DC Brands said, the management plans to move its focus from functional water sec