2 Sisters Food Group
2 Sisters Food Group is a UK-based food group with operations in continental Europe. Founded by Ranjit Singh Boparan in 1993, 2 Sisters Food Group is a private company. The head office for 2 Sisters Food Group is located in Birmingham, England.
There is hope the embattled UK turkey processor can be revitalised under the stewardship of Ranjit Singh Boparan, the UK businessman with ex...
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Food manufacturers are catching some flack for extending payment terms to their suppliers. The growing tension in the supply chain points to the pressure manufacturers are themselves facing in the current trading environment - and their need to free up cash flow in the balance sheet. But, in a charged political atmosphere, manufacturers should tread carefully, Katy Askew suggests.
Kerry Group is reportedly mulling the sale of its frozen food business. The company has seen strong sales and profit momentum at its ingredients unit but endured a lacklustre performance from the consumer foods side of the business. In this context, it makes sense for the Irish company to pare down peripheral and under-performing areas of Kerry Foods. Katy Askew reports.
The UK's Food Standards Agency has issued the results of its first set of quarterly campylobacter tests, part of a year-long study into the prevalence of the bacteria in the UK poultry supply. The results reveal that around three-fifths of chicken sold in UK supermarkets are contaminated with the bacteria and the regulator has conceded that more must be done to win over consumer trust. After a personal brush with the issue, having found offal in pre-packed supermarket chicken, Katy Askew would strongly concur.
The meat supply chain is in the spotlight this week, with allegations in the UK and China of poor and potentially unsafe practices at firms supplying retail and foodservice giants including Tesco and McDonald's. But the entire industry needs to pay attention: consumer interest in what they eat is at its highest-ever level.
Boparan Holdings Limited, the parent company of the 2 Sisters Food Group, today (3 November) booked a dip in annual sales but narrower losses as it ended the year with improved revenue, operating profitability but a fall in net profit in its fourth quarter.
2 Sisters Food Group has confirmed the start of talks that could lead to the closure of the retail packing operation at its Merthyr Tydfil meat processing site in Wales in January.
The UK's Competition and Markets Authority has launched an investigation into the acquisition of turkey processor Bernard Matthews by the private investment vehicle of Ranjit Singh Boparan, the CEO of the UK's 2 Sisters Food Group.
The UK's Pension Protection Fund (PPF) said today (21 June) it is set to start assessing the pension scheme of turkey producer Bernard Matthews, which was acquired last night by the private investment vehicle of Ranjit Singh Boparan, the chief executive of the UK's 2 Sisters Food Group.
Europe's largest turkey producer, Bernard Matthews, has been acquired by the private investment vehicle of Ranjit Singh Boparan, the chief executive of the UK's 2 Sisters Food Group.
The UK's pensions regulator has confirmed it is "in contact" with trustees of the Bernard Matthews pension fund over reports Europe's largest turkey producer is about to be sold – with Boparan Holdings-owned 2 Sisters Food Group understood to be one of two potential buyers.
A senior UK MP has called for the country's pensions regulator to investigate the "imminent sale" of Europe's largest turkey manufacturer, UK-based Bernard Matthews.
The UK's biggest trade union, Unite, today (19 September) called for urgent talks with the management of Europe's largest turkey manufacturer, UK-based Bernard Matthews, after the union said a second potential buyer for the company had emerged.
The majority owner of Europe's largest turkey manufacturer, Bernard Matthews, has declined to comment on reports that an announcement of the sale of the business to Boparan Holdings-owned 2 Sisters Food Group is imminent.
Fresh uncertainty has been raised over the future of Bernard Matthews, with reports suggesting that the company's owners could be preparing to transfer the company's pension liability to the Pension Protection Fund.
UK fish products supplier Icelandic Seachill has confirmed it will close a deli plant in the English seaport town of Grimsby at the end of March 2017 with the loss of up to 86 jobs, after losing three private-label contracts from Marks and Spencer.
2 Sisters Food Group has claimed it will have "the world’s most advanced poultry processing plant" at its site in the UK town of Scunthorpe as it unveiled plans to invest in automation and boost capacity.
Meat processing group Dunbia has played down reports talks over a possible deal with the UK's 2 Sisters Food Group have stalled.
The UK's 2 Sisters Food Group said today (25 July) that it had appointed Nick Townend as the company's first manufacturing support director.
UK fish products supplier Icelandic Seachill has briefed employees on proposals to close one of its three plants in the English seaport town of Grimsby with the expected loss of around 200 jobs.
Boparan Holdings, the company behind the UK's 2 Sisters Food Group, today (21 June) reported a rise in sales and operating profit for the third quarter of its financial year.
Marks and Spencer has moved three private-label contracts from UK fish products supplier Icelandic Seachill with 2 Sisters Food Group, Greencore and Bakkavor each attaining one of the deals.
Ranjit Singh, the CEO of UK company 2 Sisters Food Group, is looking to acquire Irish turkey supplier Grove Farm in a private transaction.
2 Sisters Food Group has rejected a newspaper report the UK company had confirmed it is in talks over a deal with meat processor Dunbia.
Speculation is mounting over the ownership of Dunbia, the UK meat processor, after fresh reports in the UK and Ireland.
Boparan Holdings, the company behind the UK's 2 Sisters Food Group, this morning (16 March) reported a rise in underlying sales and improved profitability for the second quarter of its financial year.
Burton's Biscuit Co. is reportedly closing in on a GBP330m takeover of Boparan Holdings-owned biscuit brand Fox's in a deal that could see the company sell off its Cadbury licence.
Boparan Holdings has reportedly started talks with fellow UK group Burton's Biscuit Co. over the possible sale of Fox's Biscuits.
General Mills this week announced another acquisition, following up its move for Brazilian yoghurt maker before Christmas with a deal for US meat snacks firm Epic Provisions. Ahead of the holiday period, speculation emerged UK company 2 Sisters Food Group was seeing what interest there is in the market for its biscuits unit Fox's, although the talk was cooled this week. Elsewhere, Danone said it would end production at two plants in Russia, PepsiCo was upbeat about the prospects for Doritos in India and the US reacted to the release of the latest Dietary Guidelines for Americans.
Just weeks after buying UK turkey processor Bernard Matthews from administration, food tycoon Ranjit Boparan has struck a similar deal.
2 Sisters Food Group announced a new "multi million" pound bio-refinery deal with renewable energy experts H2 Energy this week. The plan is set to "transform the energy requirements" at 2 Sisters, the company said.
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