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2 Sisters Founder Takes Stake in Northern Foods

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2 Sisters Founder Takes Stake in Northern Foods

2 Sisters Founder Takes Stake in Northern Foods
December 08
12:14 2010

Food industry entrepreneur Ranjit Singh Boparan, who is head of the 2 Sisters Food Group, one of Europe’s leading poultry processors, has bought a 6.6% stake in Northern Foods, ahead of its proposed merger with Greencore to create Essenta Foods.

The deal is the latest in a recent series of acquisitions in both the food manufacturing and food service sectors completed by Ranjit Singh Boparan. Since the start of 2009, he has acquired Storteboom Group, a Netherlands-based poultry processing business; Five Star Fish, a leading UK supplier of added-value, prepared fish to the food service sector; and famous seafood restaurant chain – Harry Ramsden’s. The prices of all three deals were undisclosed.

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