How to position your business for acquisition

One minute briefing: Scale-up CEO David Milner sold Tyrrells crisps and premium pet food brand Lily's Kitchen in nine-figure deals.

by Lauren Brown

Having sold upmarket crisp company Tyrrells for £300m in 2016, David Milner left the snacks aisle behind and got into pets, becoming CEO of premium pet food business Lily’s Kitchen two years later. 

Earlier this year, he sold Lily’s Kitchen to Nestlé Purina in a deal thought to be worth over £100m. Clearly, he knows a thing or two about getting a company ready for market.

His secret? Putting all your eggs in one basket is no bad thing, he tells Management Today, and organic growth done properly can be much better than going for growth at all costs. 

Sign in to continue

Sign in

Trouble signing in?

Reset password: Click here

Email: mtsupport@haymarket.com

Call: 020 8267 8121

Register

FREE

  • Up to 4 free articles a month
  • Free email bulletins

Register Now

Become a subscriber

From £66 a quarter

  • Full access to managementtoday.co.uk
  • Exclusive event discounts
  • Management Today's print magazine
  • Plus lots more, including our State of the Industry Report.

Choose a Package