Typhoo Tea has said being taken over by a private equity firm will help it focus on its recovery with "new vigour" following an "extremely challenging" 18-month period.
The Moreton-headquartered company has reported its latest financial results following its acquisition by Zetland Capital Partners in July 2021.
The newly-filed accounts show the firm's revenue totalled £54.5m for the 18 months to September 30, 2021, while its pre-tax losses were £10.4m.
