This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

Tyrrells acquired by SkinnyPop owners

14 August 2016

Tyrrells Group Holdings has been acquired by Amplify Snack Brands, a US publicly traded company known for its SkinnyPop brand. 

Tyrrells is a manufacturer of premium hand-cooked potato and vegetable crisps, popcorn and other savoury snacks. The value of the company has tripled in the last three years since it was acquired by Investcorp for £100m in 2013.  

Sales and earnings before interest, taxes, depreciation and amortisation have more than doubled and employee numbers have grown by over 70% globally, with 30% of this being new positions created in the UK.  
Amplify Snack Brands is a major player in the rapidly expanding Better-For-You snacking category in the US. In the last year SkinnyPop grew 35.3% to over $203 million and is still one of the fastest growing ready-to-eat popcorn brands in North America. In the UK Tyrrells’ popcorn offering Poshcorn, has also become one of the biggest brands in the growing ready-to-eat popcorn sector.
The deal means that the Tyrrells range in the US will benefit from the experience and knowledge of the Amplify team, while all non-North American territories, including the international launch of SkinnyPop, will be managed by the existing, UK-based Tyrrells team.  David Milner, CEO of Tyrrells, will become President International of Amplify upon completion of the transaction.

Print this page | E-mail this page


Article image Oil-free compressor breaks with tradition

Gardner Denver went back to the drawing board with the design for its new water cooled, oil-free compressor. The CompAir branded Ultima is said to offer improvements in energy efficiency of up to 12%, compared to a conventional two-stage machine. It also has a 37% smaller footprint. Full Story...

Article image Finding the key to successful BRC audits

David Wolf looks at the common pitfalls encountered by many food businesses when undertaking an audit and offers advice on the steps to take to make sure things run smoothly. Full Story...

New and used food processing machinery

What role does refrigeration play in the supply chain?

Food Processing Awards 2017 – first call for nominations