Two years after his management buyout group lost out to Cantrell & Cochrane, Tayto managing director Mr Vincent O'Sullivan is to retire in three months. C&C is now looking for a successor, and Mr O'Sullivan will remain as managing director until one is appointed.

When TLC Beatrice put Tayto up for sale two years ago, C&C paid almost £70 million (€89 million) and beat off three competing offers.