×
App Icon
The Standard e-Paper
Join Thousands Daily
★★★★ - on Play Store
Read on the App

UK tea giant Lipton to sell 15pc stake to local farmers in deal

President William Ruto and Lipton Teas and Infusions Chief Executive Officer Nathalie Roos, during the launch of the Lipton Tea Innovation and Technology Academy at State House, Nairobi. [PCS]

Lipton Teas and Infusions has agreed to sell its operations in Kenya to Sri Lanka's Browns Investments for an undisclosed amount.

The deal also includes Lipton's tea estates in Rwanda and Tanzania.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in