Dragons’ Den star Tej Lalvani is set to sell Vitabiotics, backed by Tess Daly and Davina McCall, for £900million.
Private investment firm Bain Capital will buy the multivitamin company for £900million, agreeing the sale this week, sources in the City have said.
Mr Lalvani, 51, took over Vitabiotics as chief executive in 2015.
The company was founded by his father Kartar Lalvani more than 50 years ago.
The businessman became a household name after starring as one of the investors on the hit BBC Two show Dragons’ Den from 2017 to 2021.
Tej Lalvani’s most notable investments include health brand Hanna Sillitoe, organic superfoods firm Rheal and
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