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Typhoo Tea bought out of administration for millions

Typhoo Tea bought out of administration for millions



Typhoo Tea has been bought out of administration for £10.2m.

Less than a week after administrators were appointed a buyer confirmed plans to purchase the 121-year-old business.

Consumer goods wholesaler Supreme has announced it is to be the new owner.

There will be no disruption to supply during the acquisition process, Supreme said.

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