10:39 08 February 2011
Hilary Devey is set to join the next series of Dragons Den, it has been announced.
The entrepreneur and company owner will replace former Dragon James Caan, who announced he was leaving the BBC Two show back in January.
Devey launched her own pallet distribution business, Pall-Ex, in 1996, which has now become a multi-million pound European empire.
Caan exits the Den
James says bye to
being a Dragon
Fifty-three-year-old Devey will join Peter Jones, Theo Paphitis, Duncan Bannatyne and Deborah Meaden in the Den.
Controller of BBC Two, Janice Hadlow, said:
Hilary is a welcome and impressive addition to the Dragons' lair.
"With her extensive business experience, she will bring a new dynamic to the Den, turning up the heat on prospective entrepreneurs as they seek that all important investment."
Devey has previously appeared on Channel Four show Secret Millionaire, where she helped struggling projects in Rochdale.
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