Dragons’ Den Star Weighs £1 Billion Sale of Top UK Vitamin Maker

Vitabiotics Ltd., the UK vitamin company led by ex-Dragons’ Den investor Tej Lalvani, is in the early stages of exploring options including a possible sale, people with knowledge of the matter said.

London-based Vitabiotics is speaking with potential advisers, according to the people. A sale could value Vitabiotics at as much as £1 billion ($1.2 billion), they said, asking not to be identified discussing confidential information.

The deliberations are preliminary and there’s no certainty Vitabiotics will decide to push ahead with a transaction, the people said. A representative for Vitabiotics couldn’t be reached for comment.

Founded in the ...