World-class company 2 Sisters Food Group is planning the takeover a Holland-based poultry company, an acquisition that will make them a £1 billion-a-year firm.
Based in West Bromwich, 2 Sisters is a family-run business established by entrepreneur Ranjit Singh Boparan back in 1993. The company has gone from strength to strength since then, expanding their operations from the UK into Europe and the US, and now The Netherlands. The firm employs more than 5,500 people in food jobs, reporting annual sales of over £750 million.
The latest acquisition news comes after another successful takeover bid, as 2 Sisters assumed ownership of iconic brand Harry Ramsdens as well as Fishworks in recent months. The company also bought failing fish company Five Star Fish earlier this month, just as it was going into administration, in a move that saved around 330 food jobs.
The company 2 Sisters now plan to purchase, Storteboom, has six factories and employs more than 1,000 people in food jobs in Poland as well as Holland.
The deal will only be finalised, and the cost of purchase revealed, when it has been cleared with the Dutch regulation authorities.
