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Typhoo Tea bought by vaping company
Typhoo Tea to be rescued by vape maker for £10m
Typhoo Tea has been rescued by vape maker Supreme in a £10m deal which it said would keep the brand "in British hands". The 120-year-old teamaker fell in to administration in November as its sales slumped and debts rose.
Typhoo Tea saved from administration in rescue deal by vape company Supreme
The 121-year-old tea firm filed to appoint administrators on Wednesday, but Supreme has confirmed it has completed a rescue deal to buy the brand. | ITV National News
Typhoo Tea bought by vaping company after collapse
Typhoo Tea has been snapped up by a vapes and drinks manufacturer just days after the 120-year-old company, which once operated in Wirral, collapsed into administration. The historic tea company has been purchased by Supreme in a £10.2m deal.
Why vape makers Supreme have bought Typhoo, UK's oldest tea firm
Vapes and batteries maker Supreme has bought collapsed tea firm Typhoo out of administration. Typhoo Tea filed to appoint administrators last Wednesday, risking the future of the 121-year-old firm. However, London-listed Supreme confirmed talks over a deal last week and said on Monday it has completed a rescue deal to buy the historic brand.
Typhoo Tea bought out of administration by vapes firm Supreme
Typhoo Tea filed to appoint administrators last Wednesday. However, London-listed Supreme confirmed talks over a deal last week and said on Monday it has completed a rescue deal to buy the historic brand. Supreme said it will pay a total of £10.2 million to buy Typhoo, in a deal which values the brand’s stock and trade debts at £7.5 million.
Typhoo Tea rescued by vape maker
Typhoo Tea has been rescued by vape maker Supreme which will buy the company for £10m. The 120-year-old teamaker fell in to administration in November as its sales slumped and debts rose. The new owner said the deal keeps Typhoo "in British hands" but that manufacturing will be moved abroad.
Typhoo Tea bought in rescue deal by vapes firm Supreme
Typhoo Tea bought in rescue deal by vapes firm Supreme - The tea manufacturer filed to appoint administrators last Wednesday, risking the future of the 121-year-old firm.
8d
on MSN
Typhoo Tea to be taken over by vape company after crashing into administration
Typhoo
is poised to be taken over by a disposable vape company after the
tea
company collapsed into administration.
Business Weekly
20h
Cup of cheer as Mills & Reeve helps brew Supreme’s £10m swoop for Typhoo Tea
Law firm Mills & Reeve has advised Supreme on a deal to rescue historic brand Typhoo Tea from administration. London-listed ...
4d
Supreme acquires Typhoo Tea for nearly $13m
Supreme CEO Sandy Chadha said this acquisition is a “significant step” in its “broader diversification strategy.” ...
4d
Iconic British tea firm Typhoo saved after collapsing into administration
Typhoo has been snapped up by Supreme, in a deal worth £10.2million, after the 120-year-old firm collapsed into ...
4d
on MSN
Supreme saves Typhoo Tea from administration with a £10.2 million acquisition
Typhoo Tea has been saved from administration by a seller of vapes, batteries and vitamins in a deal worth over £10m. The ...
8d
Typhoo Tea falls into administration
Typhoo Tea has fallen into administration as the 120-year-old brand's sales slump, losses widen and debts rise. Advisory firm ...
Cambridge Network
2d
Mills & Reeve advises Supreme on Typhoo Tea acquisition
Mills & Reeve has advised Supreme on a deal to rescue historic tea brand, Typhoo Tea, from administration. London-listed ...
4d
on MSN
Much loved tea brand saved after being bought out for £10,200,000
A beloved British tea brand has been saved from the brink of collapse by a vape manufacturer. Fans of Typhoo Tea were left ...
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