Companies

India's Tata Tea buys Good Earth

Tata Tea acquired California-based Fmali Herbal, Inc and Good Earth Corp for an undisclosed amount. The move by one of India's largest private sector groups is aimed at making inroads in the booming US specialty tea market. Good Earth offers a range of herbal, fruit-flavored, medicinal and traditional, with an estimated 3.7 percent market share.

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