Organic Tea Company for Sale

"Clipper, the organic and Fair Trade tea brand, is set to sell a stake in the business in a deal that is likely to value the company at £20m-£30m.

A sale of some or all of the business is likely to net the company's founders, Lorraine and Michael Brehme, a trained tea taster, a multimillion-pound windfall.

The divorced couple are understood to have appointed advisers from Smith & Williamson to advise on strategic options.
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The Brehmes started Clipper in 1984 with just £50 and two chests of tea sold in 1kg bags to health food stores around Britain."

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