Typhoo Tea Limited recognised in Europe’s largest business competition
28th February,2017: Typhoo Tea- the iconic British tea brand has been named a National Champion for the UK in The European Business Awards, sponsored by RSM; Europe’s largest business competition set up to celebrate business excellence and best practice in the European business community.
The Awards, now in its 10th year, is supported by business leaders, academics and political representatives from across Europe, and this year engaged with over 33,000 businesses from 34 countries.
Typhoo Tea has been chosen after the first phase of judging by an independent panel. They were evaluated on the core EBA values of innovation, ethics and success and will now go through to the second stage of the competition, which includes a video and a public vote.
Typhoo Tea is the largest private label tea packer and the second largest manufacturer in the UK.
Somnath Saha, CEO, Typhoo Tea, said: “We’re very proud to be selected to represent the UK as a National Champion. The European Business Awards is widely recognised as the showcase for Europe’s most dynamic companies and we are proud to be recognised at this level.”
Adrian Tripp, CEO of the European Business Awards said: “Congratulations to Typhoo Tea who have been selected to represent their country as National Champions. They are central to the success of Europe’s strong business community, and have shown the core principles we look for of innovation, ethics and success.”
The next round requires the National Champions to make a presentation video, telling their unique story and explaining their business success. The Awards’ independent judges will award the best of this group the ‘Ruban d’Honneur’ status and the selected companies will then go on to the Gala Final in 2017.
Separately, in a two stage public vote, the videos will be hosted on the European Business Awards website, and the company who receives the most votes in their country will become the ‘National Public Champion’. Last year over 227,000 votes were cast as companies were supported globally by their clients, staff and peers, as well as the general public.
Lead sponsor RSM, the sixth largest network of independent audit, tax and consulting firms worldwide has supported the European Business Awards since its inception. The Awards’ core purpose is to support the development of a stronger and more successful business community throughout Europe.Additional sponsors and partners of the Awards include UK Trade and Investment, ELITE and PR Newswire.
In the 2015/16 competition, all EU member markets were represented plus Turkey, Norway, Switzerland, Serbia and the Former Yugoslav Republic of Macedonia. Their combined revenue exceeded €1.2 trillion employing over 2.5 million people.
Founded in 1903, Typhoo is the largest private label tea packer and the second largest tea manufacturer in the UK. Producing 125m teabags a week at its factory in Moreton, Wirral, Typhoo Tea’s current sales value exceeds £80m.
With over 60% of the retail branded market , Typhoo Tea produces, markets and distributes the iconic British tea brand Typhoo as well as the authentic Welsh brand Glengettie, Scottish Brand Melrose’s, leading instant tea brand Lift, healthy infusions brand Heath & Heather, speciality tea brand Ridgways of London, London Fruit & Herb as well as coffee brand Red Mountain.
Since 2005, Typhoo Tea Ltd has been jointly owned by the Apeejay Surrendra Group (an Indian conglomerate with tea plantations in India, interests in real estate, shipping, hotels, retail and financial services) and Global Tea and Commodities Ltd (a UK conglomerate with tea, coffee; chocolate plantations in Malawi and tea packaging in Mombasa, Kenya).