2 Sisters Completes Sale of Sandwich Business
2 Sisters Food Group has completed the sale of its sandwich business to Samworth Brothers, the UK-based family owned group that produces chilled and ambient foods, both own label and branded. The facility, located at Manton Wood, Nottinghamshire, produces a range of retailer chilled sandwiches, wraps and rolls.
The disposal is in line with 2 Sisters’ decision to focus on strengthening its core operations. Ranjit Singh, President of Boparan Holdings – the parent group of 2 Sisters, says: “It is significant deal and marks another positive step forward in the transformation of our business. It further strengthens our balance sheet and demonstrates we are following through with our promises and focusing on our key strengths.”
Ronald Kers, chief executive of 2 Sisters Food Group, adds: “This sale is another important step in our journey to become a streamlined and high performing business. We have much more to do but we are progressing well.”
