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Investment banking

Tata Tea set to refresh brand portfolio

By Jenny Wiggins in London

Published: July 13 2009 20:15 | Last updated: July 13 2009 20:15

The Tata Tea Group, owner of the UK’s Tetley tea brand, is targeting acquisitions of international soft drink brands as it diversifies away from tea to become a global beverages company.

“For the right acquisition, we’d gear up again,” Peter Unsworth, chief executive of the Tetley Group and leader of Tata Tea Group’s executive office, told the Financial Times in an interview.

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