Shearman & Sterling advised Investcorp on the £300 million sale of Tyrrells Crisps to Amplify Snack Brands, Inc. Founded at Tyrrells Court Farm, Herefordshire, in 2002, Tyrrells is a premium manufacturer of hand-cooked potato and vegetable crisps, popcorn and other savory snacks. Tyrrells has built on the brand strength of its core product offering to diversify into other premium snack categories, including popcorn, tortilla chips and vegetable crisps. The company has expanded significantly over the past few years with international markets today accounting for close to 40% of sales.

Investcorp is a world-leading manager of alternative investments for select individuals and institutions. Founded in 1982, Investcorp has built a global reputation for superior performance, innovation and client service. With offices in New York, London, Bahrain, Abu Dhabi, Riyadh and Doha, Investcorp currently has more than $10 billion of assets under management.

Shearman & Sterling previously advised Investcorp on its acquisition of Tyrrells Crisps from Langholm Capital for £100 million ($132 million) in August 2013. More recently Shearman & Sterling advised Investcorp on the sale of Icopal (January 2016).

The Team