Page 64 - Introduction & Preamble
P. 64
In January 2012, in its first acquisition, Tyrrells acquired, the
family run business Glennans of Uttoxeter, one of its
competitors in the vegetable crisps market segment which
makes up 10% of Tyrrells’ total revenue.
In early 2013 Langholm Capital decided to undertake the
sale of Tyrrells. On 1st August 2013, Dubai-based luxury
brands investor Investcorp bought Tyrrells for £100m.
Investcorp with a diverse portfolio of ninety companies had
acquired companies including Tiffanys and Gucci.