date:Sep 09, 2013
Unilever has announced that it is to acquire T2, a premium Australian tea business for an undisclosed amount.
Kevin Havelock, Unilever's president for refreshment said, T2 is a fast growing premium tea business with great potential. Unilever is the biggest tea company in the world with brands like Lipton one of Unilevers billion-plus brands available in more than 70 countries.
He continued, This [acquisition] will allow us to bring the benefits of scale and access to new markets to the T2 bu