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Everton, an Italy-based tea and infusions company, has acquired Eastern Tea, a US tea producer and distributor.
The acquisition is said to enhance Everton’s operations in North America, expanding its blending and packaging capabilities in the region. It is also expected to improve sourcing, distribution, commercial operations and innovation, strengthening Everton's position in the global tea market.
Eastern Tea, headquartered in Monroe Township, New Jersey, has been in operation since 1982 under the ownership of the Barbakoff family. The company supplies bagged leaf teas under the Bromley brand and private labels, serving major retailers across North America.
Everton, which has production and distribution facilities in Italy, Croatia and India, employs over 450 people and sources tea globally.
Terms of the transaction were not disclosed.
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