Deals
Unilever, Nestle Snap Up Organic Tea and Vegetarian Burritos
- Food giants accelerate push into healthier food and drink
- Swiss giant buys Sweet Earth; Unilever adds Pukka tea
Are Organic Foods Really Healthier?
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Food giants Unilever and Nestle SA stepped up their push into healthier food and drink, with the Anglo-Dutch company snapping up a U.K. maker of organic tea and its Swiss rival announcing a deal for a U.S. seller of vegetarian burritos.
Unilever said it has acquired Pukka Herbs, a rapidly expanding organic tea company with flavors such as turmeric gold and mint matcha. Nestle agreed to buy California-based Sweet Earth, which makes frozen meals and chilled, plant-based burgers.