CVC Capital Partners completed the acquisition of ekaterra, a tea business of Unilever, a consumer goods company, for $5.1bn. "The evolution of our portfolio into higher growth spaces is an important part of our growth strategy for Unilever. Our decision to sell ekaterra demonstrates further progress in delivering against our plans. We are proud of the place that our Tea business has in our company's history. We look forward to seeing ekaterra, with its strong brands and global footprint, prosper under CVC Fund VIII's ownership," Alan Jope, Unilever CEO.