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Langholm Capital puts Tyrrells up for sale

  • Amy King
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Private equity firm Langholm Capital has put crisps brand Tyrrells up for sale, according to a source close to the situation.

A valuation of around £100m is being sought for the company, the source confirmed. 

The GP is reported to have mandated McQueens to find a buyer for the firm, with both global food companies and private equity players expected to bid for the asset.

First-round offers for the firm are due next month.

Langholm acquired the company in 2008, with the owner and founder retaining a significant stake in the company. The business reported sales of more than £13m in the year ending March 2008.

Tyrrells was founded in 2002 and operates in more than 20 countries.

Langholm declined to comment.

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