Luxmi Group, owner of Makaibari, ups branded play with British buyout

Luxmi Group, which owns iconic Makaibari tea estate, has acquired a majority stake in Brew Tea Co, a UK-based retailer, marking a strategic expansion of its branded tea portfolio and global presence

The acquisition of Brew Tea, a British tea brand, would help Luxmi Group -- owner of the iconic Makaibari tea estate in Darjeeling -- expand its branded portfolio and strengthen its presence in the international market.

 

Luxmi Group announced the acquisition of a majority stake in Brew Tea last week. Founded in Manchester by Phil and Aideen Kirby, Brew Tea Co prides itself on using rolled whole-leaf teas, no dust, no mass-market short-cuts. With a digital-first model, it now reaches about 10,000 homes across the UK.

 

Phil and Kirby would retain a 20 per cent stake and continue to lead