Korea Ag Digest

World-leading tea brand acquired in reported $600 million deal

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Bain Capital has confirmed its acquisition of the Gong cha business. Image: EWY Media/stock.adobe.com. Global tea chain Gong cha has been acquired by private investment firm Bain Capital from TA Associates and the company’s other shareholders. There are currently more than 2200 Gong cha stores in 33 international markets, with Japan, Korea, and Australia some of its leading regions. The financial terms of the transaction were not disclosed, however […] The post World-leading tea brand acquired…

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