Dragons’ Den star Tej Lalvani is in line for a huge windfall after his family business, the Perfectil maker Vitabiotics, was sold to a US private equity firm for £900million.
The British firm, which also owns brands including Pregnacare and Wellwoman, has been acquired by Bain Capital.
It is the latest example of a US predator making a swoop on a British company after a slew of takeovers this summer.
And it means the business, the largest vitamins company in the country, is saying goodbye to five decades of family ownership.
Celebrity ambassadors of the group’s brands range from model David Gandy to television presenters Tess Daly and Davina McCall.
