Boparan Holdings

Boparan Holdings is a company based in Birmingham, England that owns food production and restaurant businesses. It belongs to Ranjit Singh Boparan and his wife Baljinder Kaur Boparan.[1]

Food production

2 Sisters Food Group

2 Sisters Food Group was established in 1993 by Ranjit Singh Boparan, as a frozen retail cutting operation. It grew rapidly through acquisition and has 36 manufacturing sites in the UK, eight in the Netherlands, five in Ireland and one in Poland.

The group employs 23,000 people, and annual sales of £3.12 billion. It is listed 7th on the 2016 Sunday Times Top Track 100. It is the largest food company in the UK by turnover.

Northern Foods

Following a period of asset disposal, on 17 November 2010 Northern Foods announced it was merging with Irish ready-made meals supplier, Greencore. According to industry web site, just-food.com, the company's shares rose more than 20% that day. The new company was to be called Essenta,[2] with headquarters in Ireland but listed on the London Stock Exchange.

However, after building up a 25% share holding, on 21 January 2011 Boparan announced a £341M bid to buy Northern Foods,[3] which succeeded in gaining sufficient shareholder support to proceed. This resulted in the appointment of Boparan as the company's chairman in April 2011.[4] On 13 May 2011 the company was delisted from the London Stock Exchange.

FishWorks

FishWorks is a seafood restaurant chain, originally started by Mitch Tonks.[5]

Harry Ramsden's

In April 2006, Compass Group sold its specialist airports and railways division SSP for £1,822 million to EQT Partners of Sweden, including the Harry Ramsden's fish and chip shop chain. After attempting a turnaround under new MD Chris Sullivan in 2008,[6][7] on 19 January 2010 SSP sold Harry Ramsden's to Boparan Ventures Ltd, the private investment vehicle of Boparan.[8] BVL announced plans to open another 100 units in the next five years, and create 600 new jobs.[9]

Cinnamon Collection

In January 2016, Boparan Restaurant Holdings (BRH) acquired the three-strong Cinnamon Collection chain of restaurants in London, an upmarket Indian outlet.[10]

Grove Farm Turkey

In April 2016, the Boparan Private Office acquired Irish Turkey business Grove Farm.[11]

Giraffe Restaurants

In June 2016, the supermarket chain Tesco announced that it was to sell its 15-venue Giraffe Restaurants chain to Boparan Restaurants, for "an undisclosed sum", three years after it bought the chain for £50 million.[12]

Bernard Matthews

In September 2016, it was announced Singh's Private Office (Boparan Private Office) was to acquire turkey producer Bernard Matthews for £87.5m.[13]

Ed's Easy Diner

In October 2016, Singh's Private Office added to its restaurant and dining portfolio with the acquisition of part of the 1950s-themed restaurant chain Ed's Easy Diner.[14]

References

  1. ↑ "Birmingham Post Rich List, the top 50 wealthiest people in the Midlands". Birmingham Post. 2014-01-23. Retrieved 2014-03-03.
  2. ↑ "In the spotlight - The Greencore, Northern Foods merger". just-food.com. Retrieved 17 November 2010.
  3. ↑ Boparan wins Northern Foods with £341m bid FT.com
  4. ↑ Ltd, Insider Media. "Boparan becomes Northern Foods chairman".
  5. ↑ "His FishWorks chain hit the rocks, but Mitch Tonks is back with a". 24 August 2008.
  6. ↑ "SSP – The Food Travel Experts". Foodtravelexperts.com. 4 April 2009. Retrieved 26 February 2010.
  7. ↑ "Fantastic feast for the girls – Blackpool Today". Blackpoolgazette.co.uk. Retrieved 26 February 2010.
  8. ↑ "SSP – The Food Travel Experts". Foodtravelexperts.com. 15 November 2007. Retrieved 26 February 2010.
  9. ↑ "Chicken magnate gobbles up Harry Ramsden's with promises of 100 new outlets". Yorkshire Post. Retrieved 26 February 2010.
  10. ↑ http://imbibe.com/news-articles/general/cinnamon-collection-acquired-by-harry-ramsdens-owner/ /
  11. ↑ "2 Sisters' Ranjit Singh to buy Irish turkey business - Farmers Weekly". 20 April 2016.
  12. ↑ "Tesco to offload Giraffe restaurants and its Turkish business as sell-off continues".
  13. ↑ FoodManufacture.co.uk. "2 Sisters owner confirms Bernard Matthews purchase".
  14. ↑ "giraffe owner buys 33 eds easy diners 26 in administration". The Caterer. 12 October 2016.
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