Typhoo Tea bought out of administration for £10m
by Jack Simpson and agencies from World news | The Guardian on (#6SMR6)
Vapes and batteries maker Supreme acquires collapsed 121-year-old tea company
The historic tea brand Typhoo has been bought out of administration by the vapes and batteries maker Supreme in a 10m rescue deal.
The company filed to appoint administrators last Wednesday, risking the future of the 121-year-old brand.
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