According to Sunday newspaper reports, Coyle will sell his 25% stake in Largo to German company Intersnack, which now has full control of the company. Largo Foods owns some of the most iconic snack-food brands including Irish brand Tayto, Hunky Dorys, King and Perri. Together these four brands account for almost 50% share of the Irish snack market.

Largo foods purchased the Tayto brand from C&C for €68m in 2006. The company uses 30,000t of Irish potatoes, sourced from just 11 growers. In 2014 Largo closed its Gweedore, Co Donegal factory, with production consolidated in Ashbourne, Co Meath. In 2010, it invested €11m in Tayto Park, just outside Ashbourne.

Coyle, who is himself from Co Meath, has been making waves recently with the success of his Tayto Park attraction. This year we reported that the Meath entrepeneur was spending €12m on building a massive wooden rollercoaster ride in the park. It’s part of a €25m revamp that will bring the total investment in his Tayto Park creation to over €40m.

Last year, 485,000 visitors made their way through the gates of his Ashbourne, Co Meath, attraction. His target for this year is 700,000 visitors.

Moreover, selling his shares in Largo is not the end of the food business line for Coyle. His other investments in food start-ups include healthy tea drink product, SynerChi, and raw food brand Natasha’s Living Foods.