Luxmi Group Expands with Brew Tea Co Acquisition
Kolkata-based Luxmi Group has acquired a majority stake in UK-based Brew Tea Co, enhancing their global presence in the specialty tea market. Founded by Phil and Aideen Kirby, Brew Tea Co is known for ethical sourcing and direct-to-consumer sales. The acquisition aims to create a seamless farm-to-cup model.
- Country:
- India
Kolkata-based Luxmi Group, renowned for its Makaibari Darjeeling brand, announced on Tuesday that it has acquired a majority stake in UK-based Brew Tea Co. This expansion highlights Luxmi's focus on ethical tea sourcing and innovative consumer models.
Brew Tea Co, founded in Manchester by Phil and Aideen Kirby, has risen to prominence as a leading specialty tea provider in the UK. With nearly 10,000 homes subscribed to their service, the company delivers high-quality loose leaf and tea bags regularly.
Phil and Aideen Kirby will retain a 20% stake in the company and remain at the helm of Brew Tea Co. Luxmi Group's 100-year legacy in tea cultivation further strengthens this partnership, fostering a unique farm-to-cup experience.
(With inputs from agencies.)
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