Unilever acquires organic herbal tea business
Unilever announced today that it has acquired the organic herbal tea business, Pukka Herbs Ltd.
Pukka Herbs Ltd was founded in 2001 by Tim Westwell and Sebastian Pole. With 100% certified, organic and ethically sourced ingredients, Pukka’s health and wellness philosophy centres around benefitting people, plants and planet. This represents a clear synergy with Unilever’s own sustainable living plan.
The pioneering British brand has a turnover of over £30m and growth of around 30%. It is also growing rapidly across Europe and the US. According to Euromonitor 2016, Pukka is the fastest growing organic tea company in the world.
The herbal, fruit and green tea market is currently worth €1.6bn* which trends suggest will become even more prominent globally in the future.