Typhoo tea to be sold
The move comes as Premier Foods intends to raise cash to buy typically English brands.
28/06/05 Premier Foods has put up Typhoo tea for sale for a price of up to £100m (€150m).
The company, whose other brands include Ambrosia Custard and Branston Pickle, wants to raise cash to buy typically English brands, according to the Financial Mail on Sunday.
Typhoo was launched in 1903 by Birmingham grocer John Summer and is now the third-biggest brand in the UK tea market after PG Tips and Tetley.
http://breakingnews.iol.ie/news/story.asp?j=147453748&p=y47454454
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