Boparan Holdings

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2 Sisters invests in Christmas pudding maker Matthew Walker

25 May 2017

The UK's 2 Sisters Food Group said today (25 May) it is investing GBP250,000 (US$324,000) to expand production at its Matthew Walker Christmas pudding business in Heanor, Derbyshire.

Boparan Holdings profits pressured as costs rise

23 Mar 2017

Boparan Holdings, the parent company for the UK's 2 Sisters Food Group, today (23 March) reported a second-quarter loss despite growing sales, with the Goodfella's pizza and Fox's biscuits owner pointing to rising costs after the Brexit-sparked decline in sterling.

'City institutions behind approach for Fox's Biscuits'

23 Feb 2017

The takeover interest lodged in the UK's Fox's Biscuits reportedly came from a group of bondholders, not a rival company.

Boparan Holdings confirms takeover interest for Fox's Biscuits

20 Jan 2017

Boparan Holdings, the UK-based food business, has revealed there is takeover interest in Fox's Biscuits.

2 Sisters CEO expects "strong headwinds" in 2017

15 Dec 2016

Ranjit Singh, the CEO of 2 Sisters Food Group has warned of the "strong headwinds" the UK business expects in 2017, as the parent company of the Fox's biscuits owner reported a 12% rise in first-quarter operating profit.

Boparan Holdings FY losses narrow, Q4 mixed

3 Nov 2016

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 chief Ranjit Boparan buys Bernard Matthews

21 Sep 2016

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.

UK regulator "in contact" with Bernard Matthews' pension fund trustees

20 Sep 2016

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.

MP calls for pensions probe into Bernard Matthews "deal"

20 Sep 2016

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.

Union calls for Bernard Matthews talks as "second suitor" emerges

19 Sep 2016

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.

Bernard Matthews owner silent on talk of imminent sale to 2 Sisters

19 Sep 2016

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.

Bernard Matthews owner 'transferring pension liability'

12 Sep 2016

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. 

2 Sisters Food Group starts talks over jobs at UK pizza plant

17 Aug 2016

2 Sisters Food Group, the UK manufacturer, has opened talks with employees at a domestic pizza facility after losing a contract to make own-label products.

2 Sisters appoints first manufacturing support director

25 Jul 2016

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.

Mondelez reportedly in talks to buy Burton's Cadbury biscuit licence

21 Jul 2016

The owners of Burton's Biscuit Co. have declined to comment on reports that the firm has been approached by Cadbury owner Mondelez International in a move to buy back the license to produce biscuits under the Cadbury brand. 

Boparan reports Q3 sales increase boosted by frozen, chilled

21 Jun 2016

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.

M&S moves fish contracts from Icelandic Seachill

15 Jun 2016

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.

Boparan Holdings sees progress in Q2 on chilled, brands

16 Mar 2016

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 'closing in' on 2 Sisters-owned Fox's 

7 Mar 2016

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 in early talks to sell Fox's to Burton's Biscuit Co.' - report

17 Feb 2016

Boparan Holdings has reportedly started talks with fellow UK group Burton's Biscuit Co. over the possible sale of Fox's Biscuits.

Food industry news of the week - Epic Provisions, Fox's, Danone in Russia

8 Jan 2016

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.

UPDATE: Talk of Fox's biscuits sale played down

4 Jan 2016

The prospect of a sale of UK biscuit brand Fox's by owner Boparan Holdings has been played down by sources familiar with the matter. 

Boparan 'considering Fox's sale'

4 Jan 2016

Boparan Holdings, the owner of 2 Sisters Food Group, is reportedly considering selling off its Fox's biscuit unit. 

Boparan hails Q1 "progress" as 2 Sisters sales slide 

15 Dec 2015

Boparan Holdings said it has continued to make progress on its strategy of building a "better before bigger" business as it posted a further decline in sales and profit at 2 Sisters Food Group. 

UPDATE - Boparan Holdings unveils GBP205m investment plan 

27 Oct 2015

Boparan Holdings, the owner of UK-focused food company 2 Sisters Food Group, has unveiled a "substantial" and "targeted" investment drive that will see the company spend GBP205m (US$314.6m) in driving improvements at its poultry and meal solutions units. 

Boparan Holdings FY earnings, sales slide 

27 Oct 2015

Boparan Holdings, the owner of 2 Sisters Food Group, booked lower sales and earnings for the full year on the back of price deflation headwinds. 

2 Sisters to reduce human antibiotics in poultry production

30 Apr 2015

2 Sisters Food Group, the UK food arm of Boparan Holdings, has announced plans to remove antibiotics defined by the World Health Organization as the "highest priority" and "critically important" to human health from poultry production.

2 Sisters parent Boparan sees “stabilised” performance

17 Mar 2015

Boparan Holdings, the parent company of 2 Sisters Food Group, said it “stabilised” its business despite “another challenging quarter”.

2 Sisters starts consultation on more job cuts

23 Feb 2015

2 Sisters Food Group started consultations with the union representing workers at its Llangefni poultry site this morning (23 February).

Boparan sees sales, margin pressure

18 Dec 2014

Boparan Holdings, the owner of 2 Sisters Food Group, revealed ongoing pressure on sales and margins during its first quarter.




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