Which Dragon's Den investor bought the retail chain Ryman in 1995?

Theo Paphitis bought the retail chain Ryman in 1995.

Ryman is a British stationery retailer, and its acquisition became a major step in Paphitis’s business career. He later built a wider retail portfolio and became known to television audiences through his role as an investor on Dragon's Den. His business interests have included retail brands as well as investments in smaller companies.

The date matters because Paphitis did not create Ryman from scratch; he acquired the established chain in 1995. That distinction is often blurred when short biographies describe him as the businessman behind Ryman. In the Den, his retail experience helped shape the practical questions he asked entrepreneurs about products, distribution and sales.

James Caan, Peter Jones and Richard Farleigh are associated with Dragon's Den, but none is the answer to the Ryman acquisition question.