Calcutta-based tea producer buys Typhoo brand

One of India’s largest tea producers today acquired the Typhoo brand in a deal worth £80m (€116m).

Apeejay Surrendra Group said it planned to increase investment in Typhoo after agreeing to buy the business from Branston Pickle maker Premier Foods.

Calcutta-based Apeejay has a plantation area of 30,000 acres supplying many of the world’s major tea brands, including Typhoo.