Investcorp has agreed to acquire Tyrrells Potato Crisps, the manufacturer of premium crisps and snacks from Langholm Capital for £100 million. As part of the process Jamieson Corporate Finance advised David Milner (CEO) and the other senior managers of the company on their reinvestment alongside Investcorp.
Founded at Tyrrells Court Farm, Herefordshire, in 2002, Tyrrells is recognised for its tasty hand cooked potato and vegetable crisps as well as exciting range of premium snacks, including popcorn and savoury nibbles. Available across an array of UK distribution channels, Tyrrells has also expanded internationally, with markets such as Germany, France, the Netherlands and North America today accounting for approximately 20% of group turnover. The company employs 270 people and generates in excess of £100 million in retail sales value.
