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  1. Home
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  3. Food & Beverage
  4. Brooke Bond
Brooke Bond logo
Food & Beverage

Who Owns Brooke Bond?

Brooke Bond has a split ownership structure. Lipton Teas and Infusions, owned by CVC Capital Partners, controls the brand in most global markets following Unilever's 2022 sale of its tea business for EUR 4.5 billion. Unilever (LSE: ULVR, NYSE: UL) retained Brooke Bond in India, Nepal, and Indonesia, where the brand holds significant market share. Founded in 1869 by Arthur Brooke in Manchester, the brand is known for Red Label and PG Tips tea.

Parent Company

Unilever plc

Acquired

1984

Status

Private

Headquarters

Manchester, United Kingdom

Brooke Bond Timeline

1869

Brooke Bond

Founded by Arthur Brooke

Founded
1984
Acquired by Unilever plc

Unilever plc acquired Brooke Bond

Acquired
budgetmass marketAsia Pacificall-agessustainable tea sourcingcarbon neutral productionethical supply chainenvironmental compliancewaste reductionrenewable energycommunity developmentOfficial Website

Who Owns Brooke Bond?

  • Parent Company: Unilever plc
  • Ownership Type: Split ownership
  • Acquisition Year: 1984
  • Company Type: Publicly Traded
  • Stock Ticker: LSE: ULVR
BrandParent CompanyOwnership Type
Brooke BondUnilever plcSplit ownership

Where to Buy

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AmazonBrooke Bond on Amazon

History of Brooke Bond

  • Founded: 1869
  • Founders: Arthur Brooke
  • Acquired by Unilever plc: 1984

Brooke Bond was founded in 1869 when Arthur Brooke, a tea dealer from Ashton-under-Lyne, Lancashire, opened his first tea shop at 23 Market Street in Manchester. He started with capital of GBP 400. The name "Brooke Bond" was chosen to convey Brooke's personal commitment, his "bond," to customers regarding the quality of his teas.

During the 1870s, Brooke expanded beyond retail into wholesale, supplying independent grocers across northern England. The reduction of UK tea duty in 1872 made tea more affordable for working-class consumers, expanding the market. By 1880, the company had opened retail outlets in Liverpool, Leeds, and Bradford, with a network of over 30 wholesale distribution agents.

In 1903, Brooke Bond launched Red Label tea in British India, marking the company's first major international expansion. The blend was created specifically for South Asian consumers, with a stronger flavor profile than British blends. Red Label went on to become one of the brand's most enduring products.

PG Tips, now one of Brooke Bond's most recognized brands, was introduced in 1930 under the name "Pre-Gest-Tea," marketed with the claim that it aided digestion when consumed before meals. Retailers abbreviated the name to "PG," and the company formally adopted "PG Tips" in 1950, highlighting the use of the top leaves and buds of the tea plant. PG Tips became Britain's best-selling tea by 1958 and held that position for over 35 years.

By 1957, Brooke Bond had become the world's largest tea company, holding approximately one-third market share in both the UK and India. The company's operations spanned the entire tea supply chain from plantation to retail, with production facilities in the UK, India, Pakistan, and Kenya.

In 1968, Brooke Bond merged with Liebig Extract of Meat Company (known for OXO bouillon cubes), forming Brooke Bond Liebig Ltd. This combined entity was acquired by Unilever in 1984 for GBP 389 million. Under Unilever's ownership, the Brooke Bond corporate identity was gradually phased out in most markets, with individual brands like PG Tips and Red Label taking precedence in consumer marketing.

In 2011, Unilever consolidated its tea operations globally, with Brooke Bond becoming part of a unified tea division alongside Lipton and other brands. In November 2021, Unilever announced the sale of the majority of its global tea operations to CVC Capital Partners for EUR 4.5 billion, creating Lipton Teas and Infusions. Unilever retained Brooke Bond in India, Nepal, and Indonesia, where the brand held dominant market positions.

Since the 2022 sale completion, Brooke Bond has operated under this split ownership structure. Lipton Teas and Infusions has repositioned the brand in European markets with premium offerings, while Unilever has continued to develop the brand in its retained Asian territories.

About Unilever plc

What does Unilever own?
As of April 2026, Unilever owns a portfolio of over 400 brands across four business groups: Beauty and Wellbeing (Dove, Vaseline, TRESemme, Pond's), Personal Care (Axe/Lynx, Rexona/Sure, Lux, Lifebuoy, Close Up), Home Care (Domestos, Cif, Surf, Omo, Comfort), and Nutrition (Knorr, Hellmann's, pending transfer to McCormick upon deal close). Unilever no longer owns ice cream brands (Magnum, Walls, Ben & Jerry's, Breyers) following the 2025 Ice Cream demerger. The March 31, 2026 McCormick combination, expected to close mid-2027, will transfer Hellmann's, Knorr, Frank's RedHot, French's, Cholula, and Maille to the expanded McCormick entity. The company also owns approximately 61% of Hindustan Unilever Limited, a publicly listed subsidiary in India.

Is Unilever publicly traded?
Yes, Unilever plc is listed on the London Stock Exchange under ticker ULVR and on Euronext Amsterdam under ticker UNA. American Depositary Receipts are listed on the New York Stock Exchange under ticker UL. The company does not have a controlling shareholder, and its shares are held primarily by institutional investors. Unilever simplified its dual-listed structure in 2020, consolidating its legal headquarters in the United Kingdom.

Who founded Unilever?
Unilever was formed in 1929 through the merger of Lever Brothers, a British soap company founded by William Hesketh Lever in 1885, and Margarine Unie, a Dutch margarine producer formed through the merger of the Jurgens and Van den Bergh companies in 1927. The founders of the predecessor companies include William Lever, James Darcy Lever, Antonius Johannes Jurgens, and Samuel van den Bergh.

Where is Unilever headquartered?
Unilever is headquartered in London, United Kingdom. The company's registered office and principal executive offices are located in London. Unilever simplified its dual-listed structure in 2020, consolidating its legal headquarters in the United Kingdom and ending the separate Unilever N.V. Dutch entity. The company's shares continue to trade on both the London Stock Exchange and Euronext Amsterdam.

How many brands does Unilever own?
Unilever currently owns over 400 brands across Beauty and Wellbeing, Personal Care, Home Care, and Nutrition. Following the completion of the McCormick Foods combination (expected mid-2027), Unilever's portfolio will narrow to its HPC brands, with the largest being Dove, Axe/Lynx, Rexona/Sure, Vaseline, Domestos, Cif, Surf, and Omo. The company's food brands (Hellmann's, Knorr) are included in the McCormick deal and will transfer upon close.

Who owns Unilever?
Unilever plc is a publicly traded company with no controlling shareholder. The company's shares are held primarily by institutional investors including major asset managers and index funds. No single shareholder holds a majority stake in Unilever. Fernando Fernandez serves as CEO, having been appointed in March 2025 following the departure of Hein Schumacher. The company's board includes a majority of independent non-executive directors.

  • Founded: 1929
  • Headquarters: London, England, United Kingdom
  • Company Type: Publicly Traded
  • Stock: LSE: ULVR
  • Revenue: approximately €59.7 billion (FY2025)
  • Employees: Approximately 128,000

Visit Unilever plc website

View full company profile for Unilever plc

Where Is Brooke Bond Made / Based?

  • Headquarters: Manchester, United Kingdom
  • Manufacturing / Operations: Global facilities (Lipton Teas and Infusions), Unilever facilities (retained markets)

Brooke Bond Categories & Tags

TeaBeveragesPg TipsFoodUnileverBritish Brand

Brooke Bond Sustainability & Ethics

Brooke Bond operates within Unilever's sustainability framework in retained markets and Lipton Teas and Infusions' ethical sourcing initiatives in other territories.

Unilever has committed to 100% sustainable sourcing for tea and achieved water-neutral production at all its tea processing facilities in India. The company's Kenyan tea estate, acquired during the 1984 Brooke Bond purchase, serves as a model for sustainable agricultural practices. Unilever became the first major consumer goods company to achieve carbon neutrality across its own operations (Scope 1 and 2 emissions) in 2023.

Lipton Teas and Infusions has maintained Rainforest Alliance certification for its tea sourcing. The Katunayake facility in Sri Lanka achieved carbon-neutral certification through on-site solar generation and methane capture from organic waste. The Trafford Park facility in Manchester underwent modernization in 2023 and 2024 that reduced plastic usage by 92% through plant-based, biodegradable tea bags.

Both ownership entities support community development programs in tea-growing regions, including education programs, healthcare access, and infrastructure development in Kenya, India, and Sri Lanka.

Brooke Bond Recalls & Controversies

Brooke Bond has maintained a relatively clean operational record throughout its 155-year history.

Ownership Transition Challenges: The 2022 sale of Unilever's tea business to CVC Capital Partners created uncertainty about brand direction in markets transferred to Lipton Teas and Infusions. While Unilever retained the brand in India, Nepal, and Indonesia, the ownership transfer required reorganization of marketing, distribution, and quality control systems.

Market Positioning Adjustments: Following the ownership change, Brooke Bond has faced challenges in maintaining consistent brand positioning across different markets. The brand's varying availability and marketing approaches under different ownership structures has created some consumer confusion.

Tea Industry Consolidation: The consolidation of the tea industry through corporate acquisitions and private equity investments has raised questions about the impact on traditional tea brands. Critics have expressed concerns about whether industry consolidation benefits or harms brand diversity and market competition.

Supply Chain Complexity: Operating within complex global tea supply chains presents ongoing challenges regarding traceability, quality control, and ethical sourcing. While both ownership entities maintain strong standards, the complexity of multinational tea sourcing creates inherent risks.

Competition in Modern Tea Market: The growing specialty tea market and consumer preference for artisanal products has created challenges for traditional mass-market brands. Brooke Bond must balance its heritage positioning with evolving consumer preferences.

Environmental Impact Concerns: As a large-scale agricultural product brand, Brooke Bond faces scrutiny regarding the environmental impact of tea cultivation, including land use, water consumption, and pesticide use. Both ownership entities have implemented sustainability programs to address these concerns.

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American ice cream brand and the oldest manufacturer of ice cream in the United States, now owned by The Magnum Ice Cream Company (NYSE: MICC) following Unilever ice cream division spinoff.

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Global oral care brand owned by Unilever, launched in 1967 as the world's first transparent gel toothpaste.

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Global fabric softener brand launched by Unilever in 1969, sold in Europe, Asia, Latin America, and the Middle East.

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Brooke Bond Ownership: Pros & Cons

Advantages

  • +Heritage brand equity built over 155 years of operation, with strong consumer trust in South Asian markets
  • +Dual innovation streams from separate ownership entities: Unilever focusing on mass-market products while Lipton Teas and Infusions develops premium offerings
  • +Access to Unilever's extensive distribution network in retained markets, reaching over 7 million retail outlets across India
  • +100% sustainable sourcing across both ownership entities
  • +Strong brand positioning across both value and premium segments in different regions
  • +Deep cultural integration in key Asian markets where Brooke Bond is part of daily routines

Considerations

  • -Complex split ownership structure creates potential consumer confusion regarding brand identity
  • -Duplicated marketing, R&D, and quality control functions across two ownership entities
  • -Vulnerability to climate change impacts on tea-growing regions in India, Sri Lanka, and Kenya
  • -Fragmentation of marketing budgets due to divided ownership
  • -Evolving consumer preferences for specialty and ready-to-drink tea products require ongoing investment
  • -Price pressure in emerging markets from local competitors with lower cost structures

Frequently Asked Questions About Brooke Bond

Sources & Further Reading

  • Brooke Bond India Official Website -
  • Unilever Corporate Website -
  • Lipton Teas and Infusions -
  • Hindustan Unilever Limited -
  • Unilever Sustainability -
  • Rainforest Alliance -
  • PG Tips Wikipedia -
  • Brooke Bond Wikipedia -
  • UK Tea Association -
  • International Tea Committee -

Competitors to Brooke Bond

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
PG TipsPG TipsSister Brand
Unilever
United Kingdom
1930
Mass marketUnited kingdomAll Genders
MarmiteMarmiteSister Brand
Unilever
United Kingdom
1902
Mass marketGlobalAll-ages
Pot NoodlePot NoodleSister Brand
Unilever
United Kingdom
1977
Mass marketUnited kingdomAll Genders
LiptonLiptonSister Brand
Unilever
Netherlands
1890
Mass marketGlobalAll-ages
Ben & Jerry'sBen & Jerry's
The Magnum Ice Cream Company
USA
1978
PremiumGlobalAll-ages
Best FoodsBest FoodsSister Brand
Unilever
USA (Unilever North America HQ)
1919
Mass marketUnited statesAll-ages

Learn More About Competitors

PG TipsFood Beverage

PG Tips

Owned by Unilever plc

British tea brand launched in 1930 by Brooke Bond. Owned by Lipton Teas and Infusions (CVC Capital Partners) since 2022, with Unilever retaining India, Nepal, and Indonesia.

teabeveragespg-tips
MarmiteFood Beverage

Marmite

Owned by Unilever plc

British savoury yeast extract spread invented in 1902, currently owned by Unilever and part of a pending $65 billion merger with McCormick & Company expected to close by mid-2027. Known for its iconic "Love it or Hate it" marketing.

yeast-extractspreadfood
Pot NoodleFood Beverage

Pot Noodle

Owned by Unilever plc

British instant noodle brand owned by Unilever, known for its quick preparation and distinctive packaging.

instant-noodlessnackfood
LiptonFood Beverage

Lipton

Owned by Unilever plc

Global tea brand owned by Lipton Teas and Infusions (CVC Capital Partners) since 2022, with Unilever retaining select markets.

teabeveragescvc-capital-partners
Ben & Jerry'sFood Beverage

Ben & Jerry's

Owned by The Magnum Ice Cream Company N.V.

American ice cream company known for unique flavors and social activism, now owned by The Magnum Ice Cream Company following Unilever's December 2025 demerger.

ice-creamdessertfrozen
Best FoodsFood Beverage

Best Foods

Owned by Unilever plc

American mayonnaise and condiment brand owned by Unilever, known as Hellmann's east of the Rocky Mountains.

mayonnaisecondimentsfood

Competitive Analysis

Market Positioning: Brooke Bond competes with 6 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Brooke Bond

Looking for brands with different ownership structures? These similar brands are not owned by Unilever plc, giving you alternative choices that support different corporate structures.

Jammie DodgersFood Beverage

Jammie Dodgers

Owned by Burton's Biscuit Company

British jam-filled biscuit brand created in 1960, owned by Burton's Biscuit Company, part of the Ferrero Group since 2020.

biscuitsjam-filledcookies
Privately Owned

Jammie Dodgers is owned by Burton's Biscuit Company, a private company, a different structure than Brooke Bond's parent.

Baby RuthFood Beverage

Baby Ruth

Owned by Ferrero

American chocolate candy bar with peanuts, caramel, and chocolate, founded in 1921 by Curtiss Candy Company and owned by Ferrero Group since January 2018.

chocolateconfectionerycandy
Privately Owned

Baby Ruth is owned by Ferrero, a private company, a different structure than Brooke Bond's parent.

ButterfingerFood Beverage

Butterfinger

Owned by Ferrero

American candy bar brand known for its peanut butter and chocolate flavor, owned by Ferrero Group.

candy-barchocolatepeanut-butter
Privately Owned

Butterfinger is owned by Ferrero, a private company, a different structure than Brooke Bond's parent.

Cheez-ItFood Beverage

Cheez-It

Owned by Mars, Incorporated

American brand of cheese cracker snacks owned by Mars, Incorporated through its Kellanova subsidiary. Created in 1921 in Dayton, Ohio.

snackscrackerscheese
Privately Owned

Cheez-It is owned by Mars, Incorporated, a private company, a different structure than Brooke Bond's parent.

CrunchFood Beverage

Crunch

Owned by Ferrero

Milk chocolate and crisped rice bar introduced by Nestle in 1938, now produced in the United States by Ferrara Candy Company (Ferrero) and globally by Nestle.

chocolateconfectionerycandy
Privately Owned

Crunch is owned by Ferrero, a private company, a different structure than Brooke Bond's parent.

HelloFreshFood Beverage

HelloFresh

Owned by HelloFresh SE

German meal kit delivery company providing pre-portioned ingredients and recipes for home cooking, publicly traded on the Frankfurt Stock Exchange.

meal-kitfood-deliveryconvenience-food
Publicly Traded

HelloFresh operates independently without a large parent corporation.

Unilever plc Stock Information

Jobs at Unilever plc

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Last reviewed: August 1, 2025 · Reviewed by Who Brands Editorial Team