Supreme, a UK-based manufacturer of drinks, protein powders and vapes, has acquired Typhoo Tea out of administration for £10.2m ($12.9m). The deal encompasses Typhoo Tea's inventory and trade ...

Supreme plc, the UK manufacturer of drinks, protein powders and vapes, is in “advanced" talks to acquire Typhoo Tea out of administration. Manchester-based Supreme confirmed its participation in ...

Under its ownership, Supreme anticipates that Typhoo Tea will operate on a capital light, outsourced manufacturing model, which the board believes can generate a gross profit margin of around 30 per ...

Typhoo Tea bought out of administration by vape firm as young people turn away from tea. The tea manufacturer filed to appoint administrators last Wednesday, risking the future of the 121-year-old ...

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.

(Sharecast News) - AIM-listed Supreme confirmed on Monday that it has bought Typhoo Tea out of administration for £10.2m in cash. The deal includes Typhoo Tea's stock and trade debtors with a ...

Typhoo plots iced drinks after rescue deal as hot tea goes out of fashion Vape maker Supreme plans to relaunch 121-year-old British tea brand following collapse ...

Typhoo Tea could be rescued by Supreme. Supreme, which sells products such as vapes and vitamins, is eyeing up a rescue deal for Typhoo Tea after the 120-year-old brand collapsed into administration.

Typhoo Tea, a 120-year-old brand, entered administration last month. According to Supreme CEO Sandy Chadha, the acquisition is a “significant step” in the company’s “broader diversification strategy”.