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Lipton Rize Facility Transfer to Özgür Çay A.Ş

by Priya Shah – Business Editor

Lipton Transfers ⁢Rize Tea Facilities to ⁤Özgür Çay

Lipton has‍ agreed ‌to ‍transfer ownership of its tea⁣ processing facilities in the Rize province of Turkey – specifically in the Pazar and Fındıklı districts – to Özgür Çay A.Ş. The agreement, involving Lipton Çay⁢ Production Inc., has been submitted to the Turkish Competition Board‍ for approval.

This⁣ move is part‌ of Lipton’s broader global strategy following ⁢its‌ separation from Unilever ⁢in 2022 and transition to an autonomous company. Lipton stated the shift allows it to‌ concentrate on its core⁢ strengths: tea ⁢selection, blending, and​ brand engagement. As part ⁣of ⁢this refocus,the company is streamlining ‌operations by transferring ‍ownership of ‍tea‍ fields ‌and processing ⁣facilities in various markets.

Despite the ⁤transfer, Lipton will continue its operations in ⁤Turkey through ⁤its existing entity, “Lipton Food ⁤and Tea Industry and Trade Joint Stock Company.” ⁣The company will​ maintain its commitment to sourcing tea ​according to⁣ its established quality, sustainability, and safety standards, working ​with existing ⁤supplier ⁤partners.

Lipton is investing 30 million euros in a new innovation, blending, ‍and packaging ⁣facility in Sakarya, scheduled to open ‍in 2025, which will serve as the central hub⁤ for ​its Turkish operations.⁤ The company‌ has operated in Turkey for 39 years ⁤and‌ remains ‌committed ‍to the‌ market.

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