Private-equity firm Langholm Capital, the owner of upmarket crisp maker Tyrrells, has backed a management buy-out of UK herbs business Barts Spices.

According to The Daily Telegraph, Langholm has supported Barts chief executive Matthew Shaw in the MBO.

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Barts, which was set up in the 1960s, supplies a range of spices to UK retailers, including a range of organic and Fairtrade products.

Langholm bought a majority stake in Tyrrells two years ago in a deal that valued the business at around GBP40m (US$60.7m).

In March 2008, Langholm sold Dorset Cereals to Wellness Foods, a health food group backed by horseracing tycoons JP McManus and John Magnier.

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