Typhoo Tea bought by vapes firm Supreme for £10m

Supreme CEO Sandy Chadha said this acquisition is a “significant step” in its “broader diversification strategy.” ...
Supreme said it is acquiring British tea brand Typhoo Tea for 10.2 million pounds ($13 million). The London-listed consumer-goods distributor on Monday said that the transaction is expected to enhance ...
Typhoo Tea has been saved from administration by a seller of vapes, batteries and vitamins in a deal worth over £10m. The ...
Iconic British tea brand Typhoo has been saved in a massive deal after falling into administration last month. The 120-year-old company has been sold to the vape giant Supreme in a deal worth more ...
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 ...