Vape maker buys Typhoo Tea out of administration

Supreme CEO Sandy Chadha said this acquisition is a “significant step” in its “broader diversification strategy.” ...
Typhoo has been snapped up by Supreme, in a deal worth £10.2million, after the 120-year-old firm collapsed into ...
Mills & Reeve has advised Supreme on a deal to rescue historic tea brand, Typhoo Tea, from administration. London-listed ...
Typhoo Tea has been saved from administration by a seller of vapes, batteries and vitamins in a deal worth over £10m. The ...
Despite not making a profit since 2017, the management running Typhoo Tea had still been optimistic for 2024 just months before the historic brand crashed into administration. Writing in its latest ...
Since 2021, Typhoo has been majority-owned by private equity firm Zetland Capital, which purchased the company from Apeejay Surrendra Group. The Indian conglomerate itself bought the business from ...