QTrade Teas & Herbs, a North America-based organic tea supplier, plans to acquire Kopius Teas, an e-Commerce provider of B2B bulk teas for retail businesses.
QTrade Teas & Herbs has partnered closely with Kopius Teas to exclusively manufacture, package, and market specialty teas for startup enterprises since 2008.
President Manjiv Jayakumar said: "We felt this was the right time to acquire Kopius Teas and offer a unified web platform for all established and aspiring tea businesses in the US and Canada."
As part of the move, QTrade has appointed Ronald Eng as vice president of e-Commerce.
Eng will also take a leadership role in developing educational programs and providing strategic guidance.
He said: "E-commerce combined with highly accessible, educational materials will fuel the growth of QTrade by making its expertise accessible for its business partners worldwide."
QTrade is focused on the larger food service and branded segments with formulation, blending, and packaging contracts for high volume bulk teas.
