Tyrrells Potato Crisps Ltd. has been put up for sale by Langholm Capital LLP for about £100 million. Tyrrells is set to attract the interest from Kellogg Company (NYSE:K), CALBEE, Inc. (TSE:2229, Tangerine Confectionery, Ltd. and Intersnack Group GmbH & Co. KG. Langholm Capital has appointed corporate finance advisors at McQueen to sell the company, with first round bids due in June 2013.

CALBEE, Inc. announced consolidated earnings results for the year ended March 31, 2013. For the year, the company reported net sales of JPY 179,411 million against JPY 163,268 million a year ago. Operating income was JPY 15,790 million against JPY 12,247 million a year ago. Income before income taxes and minority interests was JPY 15,979 million against JPY 12,934 million a year ago. Net income was JPY 9,440 million against JPY 7,096 million a year ago. Net cash provided by operating activities was JPY 17,328 million against JPY 7,049 million a year ago. Purchase of property, plant and equipment was JPY 6,945 million against JPY 5,102 million a year ago. Purchase of intangible assets was JPY 353 million against JPY 320 million a year ago. Return on equity was 11.4% compared to 9.6% a year ago. The company provided earnings guidance for the year March 31, 2014. For the year, the company expects net sales of JPY 190,000 million, operating income of JPY 18,000 million, ordinary income of JPY 18,000 million and net income of JPY 10,400 million or JPY 315.75 per share. The company expects year-end and annual dividend of JPY 62.00 per share for the period ending March 31, 2013 compared to JPY 42.00 per share paid provides dividend guidance for the 2012, payable on June 27, 2013 to the shareholders of record on March 31, 2013.

CALBEE, Inc. announced that they will report fiscal year 2013 results on May 10, 2013