The new production line strengthens Egypt’s role in Lipton’s regional supply chain and supports growing exports to international markets, including Australia.
He will collaborate closely with Marc Busain, who took over as chief executive last October.
CVC injects €210M into Lipton Teas to support recovery efforts, strengthen liquidity, and reduce restructuring risk as declining revenues and high debt pressure the business.
The divestment aligns with Lipton’s global strategy to streamline operations while maintaining its presence in Türkiye through a new Sakarya facility.
Marc Busain brings decades of global leadership experience to guide Lipton Teas and Infusions’ growth and innovation journey.