Typhoo plots iced drinks after rescue deal

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 plots iced drinks after rescue deal as hot tea goes out of fashion
The electronic vape manufacturer that has rescued Typhoo is looking to relaunch the 121-year-old company as an iced tea maker amid declining sales of the hot drink. Sandy Chadha, the chief executive of Supreme,
Typhoo Tea takeover: New owner brews cost-cutting turnaround after rescue deal
With the future of Typhoo Tea secured after it was rescued out of administration, attention is now turning to what could come next.
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
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.
Supreme rescues Typhoo Tea from administration
Founded in 1903, Typhoo entered administration last month, putting its future and associated brands at risk. Supreme’s acquisition secures Typhoo and its portfolio, including QT, Lift, Herbalists, Heath & Heather, London Fruit & Herb Company, Glengettie, Melrose’s, Ridgeways, Red Mountain Coffee and Fresh Brew.
Typhoo Tea bought in a £10.2 million rescue deal
Discover the rescue deal that saved Typhoo Tea. Find out how Supreme's £10.2 million acquisition secured the future of this iconic brand.
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.
Typhoo Tea is rescued from administration
Typhoo Tea, Britain's oldest tea company, has been rescued from administration by vapes and batteries maker Supreme.
Supreme acquires Typhoo Tea for nearly $13m
Supreme CEO Sandy Chadha said this acquisition is a “significant step” in its “broader diversification strategy.” ...
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 ...
Supreme Acquires Typhoo Tea for $13 Mln
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 ...
The UK14h
Supreme continues diversification, sealing £10m takeover of iconic tea brand, Typhoo
Stretford consumer goods distributor, Supreme, has acquired the iconic Typhoo Tea brand in a £10.2m deal. AIM-listed Supreme ...
Typhoo Tea: How trespassers and losing £120m led to downfall of historic brand
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 ...
The Caterer3d
Typhoo enters administration as it seeks buyer
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 ...