Also asked, what is t2 worth?
The purchase price was estimated to be less than $100 million, and was later disclosed as $60 million. Legal services for T2 were provided by Baker & McKenzie and Harris Carlson, with financial advice from Deloitte.
Also Know, is t2 tea good quality? T2 teas are low-end in terms of quality. Quality comes with a price tag but it is all worth it: flavour, aftertaste, aroma.
Keeping this in consideration, is t2 closing down?
Upmarket tea retailer T2, owned by consumer goods giant Unilever quietly closed all 70 of its Australian stores at the end March “for at least four weeks” according to a Facebook post, joining the likes of Premier Investments, Accent and Lovisa who have all shuttered their bricks-and-mortar businesses.
Where does t2 source their tea?
Our teas are sourced from all over the globe. Some teas, such as Darjeeling or Assam, are sourced from the same region year after year.