The 120-year-old British tea brand has suffered from falling sales and widening losses.

Typhoo Tea has fallen into administration as the 120-year-old brand’s sales slump, losses widen and debts rise.

Advisory firm Kroll has been appointed to handle the administration and find a buyer for the tea business.

Vape and battery maker Supreme is front runner to buy Typhoo, but it said there was “no certainty” a deal will go ahead.

Typhoo has been trying to turn itself around for some time, but it suffered a setback after trespassers damaged its former factory in Moreton, Merseyside last year.

  • grrgyle@slrpnk.net
    1·
    12 days ago

    Do people… like Typhoo? I’m sure I could acquire the taste. It’s not awful, but I’ve only ever purchased one box. I felt it was every so slight salty, like it had been stored next to some bouillon cubes.

    No offence if this tea is your jam.