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.’