William Chase ‘divorces’ Tyrrells Crisps

William Chase, founder of Tyrrells Crisps, has sold his remaining shares in the premium crisp brand to private equity firm Langholm Capital, commenting that he feels 'broken hearted' over the sale.

Chase, who created the business in 2002, has exited the company for an undisclosed sum.

London-based Langholm initially acquired a major stake in the crisp manufacturer in 2008, which gave Chase the funding to launch Chase Distillery. The entrepreneur now aims to focus on his premium alcohol business following the sale. His distillery’s potato vodka, gin and liqueurs are distributed worldwide including the US, Chinese and European markets.

Chase says: ‘I am now divorced from Tyrrells and feel broken hearted saying goodbye to my baby, however it is time for me to move on and focus all my energies into developing Chase Distillery, which is now firmly established and has huge potential.’

Nick Britton

Nick Britton

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...