BBC Dragons' Den star sells business empire in eye-watering billion-pound deal five years after BBC exit
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Tej Lalvani, the entrepreneur who became a household name during his stint on BBC's Dragons' Den, has agreed to sell his family's vitamin empire Vitabiotics to private equity giant Bain Capital in a deal worth over £1 billion.Mr Lelvani, who occupied one of the famous chairs on the hit investment show from 2017 to 2021, described the transaction as a "defining moment" for the business in a statement posted on LinkedIn.The sale represents a remarkable milestone for the company, which holds the distinction of being the UK's leading vitamin brand by sales.
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TRENDING Stories Videos Your Say The agreement still requires regulatory clearance before it can be finalised.Vitabiotics was established in 1971 by Dr Kartar Lalvani, Mr Lalvani's father, whose ambition was to combine scientific research with nutrition to enhance public health.Mr Lalvani entered the family firm after completing his...
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