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Sweet Leaf Tea Company
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Sweet Leaf Tea Company
Sweet Leaf Tea Company was a producer of ready-to-drink organic branded teas and lemonades owned by Nestlé. It was founded in Beaumont, TX in 1998 by Clayton Christopher and David Smith.
On April 2, 2008, Sweet Leaf Tea Company announced $18 million in private funding from Catterton Partners. On May 29, 2008, Sweet Leaf Tea Company filed suit against an Arizona-based company for the name of their sweetener, SweetLeaf Stevia.
Sweet Leaf Tea was founded in 1998 in Beaumont, TX by Clayton Christopher, using $10,000 and his grandmother's recipe for home-brewed iced tea made with cane sugar. Early production consisted of brewing tea in crawfish pots in Hen's kitchen, using pillow cases as "tea bags" and; then using garden hoses to transport the tea to plastic bottles.
In March 2009, Nestlé Waters North America invested $15.6 million in the company. In 2012, Clayton Christopher stepped down as CEO and was succeeded by former Nestlé General Manager Dan Costello.
In April 2010, Sweet Leaf acquired Cincinnati-based Tradewinds Beverage Co.
In 2012, Sweet Leaf replaced the organic brewed tea used in the original recipes with organic tea concentrate.
In December 2017, Nestle Waters North America announced the sale of the Sweet Leaf Tea Company, which was a wholly owned and operated subsidiary, to Dunn's River Brands.
Dunn's River Brands partnered with Fireman Capital Partners to underwrite the purchase, and grow the new holdings company. The rights to Sweet Leaf Tea and Tradewinds Tea were included in the sale, along with all manufacturing and production equipment contained in the Carlisle, Ohio facility, where both brands were brewed, blended and bottled up to that point.
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Sweet Leaf Tea Company
Sweet Leaf Tea Company was a producer of ready-to-drink organic branded teas and lemonades owned by Nestlé. It was founded in Beaumont, TX in 1998 by Clayton Christopher and David Smith.
On April 2, 2008, Sweet Leaf Tea Company announced $18 million in private funding from Catterton Partners. On May 29, 2008, Sweet Leaf Tea Company filed suit against an Arizona-based company for the name of their sweetener, SweetLeaf Stevia.
Sweet Leaf Tea was founded in 1998 in Beaumont, TX by Clayton Christopher, using $10,000 and his grandmother's recipe for home-brewed iced tea made with cane sugar. Early production consisted of brewing tea in crawfish pots in Hen's kitchen, using pillow cases as "tea bags" and; then using garden hoses to transport the tea to plastic bottles.
In March 2009, Nestlé Waters North America invested $15.6 million in the company. In 2012, Clayton Christopher stepped down as CEO and was succeeded by former Nestlé General Manager Dan Costello.
In April 2010, Sweet Leaf acquired Cincinnati-based Tradewinds Beverage Co.
In 2012, Sweet Leaf replaced the organic brewed tea used in the original recipes with organic tea concentrate.
In December 2017, Nestle Waters North America announced the sale of the Sweet Leaf Tea Company, which was a wholly owned and operated subsidiary, to Dunn's River Brands.
Dunn's River Brands partnered with Fireman Capital Partners to underwrite the purchase, and grow the new holdings company. The rights to Sweet Leaf Tea and Tradewinds Tea were included in the sale, along with all manufacturing and production equipment contained in the Carlisle, Ohio facility, where both brands were brewed, blended and bottled up to that point.