Tag Archives: tea

Madhu Jayanti buys Eveready’s packet tea business

The ₹390-crore Madhu Jayanti International, which is primarily into the manufacture and export of value-added teas, is looking to ramp up its domestic business with its recent acquisition. The company acquired Eveready’s packet tea business and its brands — including Tez Red, Premium Gold and Jaago — for ₹6 crore. The combined sales volume of these three brands is estimated… Read More »

Tata Global to buy Dhunseri’s branded tea business

KOLKATA: Tata Global BeveragesNSE -3.48 % (TGBL) is buying Dhunseri Tea & Industries’ branded packet tea business along with its brands ‘Lal Ghora’ and ‘Kala Ghora’ for a total consideration of Rs 101 crore. TGBL said in a stock exchange filing on Tuesday that the move is in line with its ambition to grow its branded tea business in India.… Read More »