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Nestle sells off tea brands to reshape business

Published Mon, Dec 18, 2017 · 09:50 PM
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Zurich

NESTLE has sold two of its tea brands in North America as the world's biggest food maker presses ahead with reshaping its business to focus on new consumer trends and healthcare.

Private equity firm Fireman Capital Partners said on Monday it has linked up with Dunn's River Brands to buy the Sweet Leaf Tea and Tradewinds businesses from Nestle North America.

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