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Vape maker buys Typhoo Tea out of administration

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.

MarketWatch · 17h

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 adjusted earnings,

Reuters on MSN · 15h

Britain's Supreme buys Typhoo Tea out of administration

Britain's Supreme has bought out loss-making tea brand Typhoo Tea from administration in a 10.2 million pound ($12.94 million) deal, the fast-moving consumer products seller said on Monday. The 120-year-old tea brand had fallen into administration in November due to declining sales and mounting debt pressures.

Evening Standard on MSN · 16h

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.

Daily Mail on MSN · 16h

Typhoo Tea is rescued from administration

Typhoo Tea, Britain's oldest tea company, has been rescued from administration by vapes and batteries maker Supreme.

12m

Typhoo plots iced drinks after rescue deal as hot tea goes out of fashion

Hot tea has been in long-term decline in Britain, amid the rise of coffee and energy drinks. The average person drinks eight ...

13m

TikTok sensation Queen of Afternoon Tea spills about the trend

Abandon hope, all souls who dare partake of an afternoon tea bereft of clotted cream. TikTok’s afternoon-tea critic is introducing the British-born tradition to a new generation. And the Bay ...

TreeHouse Foods buys private label tea business for $205M

The purchase will strengthen its competitive position in the fast-growing beverage category while building its presence in ...

16hon 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 ...

3don MSN

Bug-bitten oolong? The secret behind Taiwan’s rare honey-flavored tea — and where to enjoy it

This special Taiwanese tea is famed for giving off a hint of natural honey flavor. Endemic insects, called Jacobiasca ...

11h

TreeHouse Foods To Buy Private Brand Tea Maker Harris Tea In $205 Mln Deal; Backs Outlook

TreeHouse Foods, Inc. (THS), a private brands snacking and beverage manufacturer, announced Monday its definitive agreement to buy ...

11h

TreeHouse Foods to Acquire Harris Freeman Tea Subsidiaries in $205M Deal

The private-label food manufacturer said it will acquire certain subsidiaries that operate the private-brand tea business of Harris Freeman for about $205 million. The deal is expected to close in the ...