Boparan Holdings Ltd
Boparan Holdings is a privately-owned holding company, based in Wakefield, owned by Singh Boparan and his wife Baljinder Kaur Boparan. Through its subsidiaries, it operates as a food manufacturing company, processing poultry and supplying prepared meals to supermarkets.
Its primary subsidiary is 2 Sisters Food Group Ltd, with various other companies held by Boparan Private Office, the Boparan family's private investment vehicle.
2 Sisters Food Group Ltd
2 Sisters Food Group is a privately-owned producer and supplier of food products, headquartered in Birmingham. The company owns poultry farms across the UK, and conducts business operations in the Netherlands, Ireland and Poland. Products include chicken, fish, beef, lamb, red meat, sandwiches, biscuits, snacks, pizzas, pies, sushi, soups, sauces, puddings, ready meals, frozen foods and ready-to-cook products.
The company is primarily a private label manufacturer for the retail and food service markets. Key customers include Aldi, Marks & Spencer, Asda, Co-op, KFC, Lidl, Morrisons, Waitrose, Sainsbury's and Tesco.
- 50.02%: Ranjit Singh Boparan
- 49.98%: Baljinder Kaur Boparan
- 1 B: Rozel Trustees (Channel Islands) Ltd,OC, reg. Jersey ,
- Boparan Holdco Ltd, CH
- Boparan Midco Ltd, CH
- Boparan Holdings Ltd, CH
- Hulcay Ltd, intercompany funds holdco, CH, reg. Cayman Islands
- BH Acquisitions Ltd, holdco,
- Amber Foods Ltd, chicken processing, OC, reg. Jersey
- 2 Sisters Europe BV, holdco, OC, reg. Netherlands
- 2 Sisters Food Group Ltd, chicken processing,
- 50%: Hook 2 Sisters Ltd,
- 2 Sisters Poultry Ltd, chicken processing,
- Boparan Finance plc, group financing,
- 2 Sisters Fish Ltd, was Five Star Fish Ltd, food processing, OC
- 96%: 2 Sisters Hamrol Sp. Zoo, chicken processing, reg. Poland
- 26%: Noblesse Proteins Investments BV, OC, reg. Netherlands
- 2 Sister Food Services Ltd,
- Boparan Foods Ltd,
- Challenger Foods Ltd,
- Northern Foods Finance Ltd,
- Boparan Holdings Ltd, CH
- Boparan Midco Ltd, CH
Boparan Private Office
- 50%: Ranjit Singh Boparan
- 50%: Baljinder Kaur Boparan
- Amber REI Holdings Ltd, CH
- Billcrest Products Ltd
- Green Isle Foods (Boyle) Ltd
- Green Isle Food Group Ltd
- Green Isle Foods Portumna Ltd
- Green Isle Group Services Ltd
- Polcy's Fresh Foods Ltd
- Green Isle Foods (Longford)
- Green Isle Brands Ltd
- Green Isle Pastry Ltd
- Challenger Foods Ltd
- Dreamphoto Ltd
- Dreamplayer Ltd
- Dressadmire Ltd
- Ethnic Cuisine Ltd
- Island Wharf (100) Ltd
- Island Wharf (300) Ltd
- John Rannoch Ltd
- Joseph Mitchell (Letham) Ltd
- Lloyd Maunder Ltd
- Melwood Investments Ltd
- Northern Foods American Holdings Ltd
- Scot-Lad Ltd
- Beverley House (9000) Ltd
- Beverley House Investments Ltd
- Boparan Foods Ltd
- Cavaghan and Gray Group Ltd
- Farnsworth Investments Ltd
- BHS Realisations 2016 Ltd, was Bernard Matthews Holdings Ltd, CH
"Related party transactions"
- Crawshaw Butchers Ltd - common ownership
- Bernard Matthews Food Ltd, ditto
- Lakeside Food Group Ltd, ditto
- Buffaload Ltd, ditto
- Grove Turkeys Ltd, OC, reg. Ireland
- Boparan Charitable Trust
- Food Utopia
- 1 Stop Halal + subsids
- 96%: Storteboom Hamrol Sp Zoo
- Agriculture Ltd
- Mar.2019: Green Isle Brands & Donegal Catch business sold to a consortium of investors led by the Ireland Strategic Investment Fund (ISIF) and backed by the former chief executive of Largo Foods, Maurice Hickey.ref,ref
- Mar.2019: Green Isle Brands Ltd OC was sold to "a consortium of investors".ref Parent company is Beverley House (9000) Ltd ([CH]). Website.
- Oct.2018: Manton Wood Sandwich business sold to the Samworth Brothers; regulatory clearance was granted in Jan.2019.ref
- Jul.2018: 2 Sisters Red Meat Ltd, incorporating St Merryn Foods and McIntosh Donald, was sold to Irish-based meat producer Kepak Group Ltd.ref
- Apr.2018: Green Isle Foods Ltd, owner of the GoodFella's and San Marco brands, was sold to Nomad Foods. The frozen pastry, frozen vegetable and frozen fish parts of Green Isle Foods businesses, which include household brands such as UpperCrust, Green Isle and Donegal Catch, remained part of 2 Sisters Food Group. ref
- Sept.2016: Bernard Matthews Holdings Ltd was bought by Boparan Private Office from Rutland Partners LLP.ref, ref, ref, ref, via its subsidiary Bernard Matthews Foods Ltd (CH). Bernard Matthews had been in a worsening operational and financial state for several years, with reducing sales and trading losses, to the extent that following the failed sale process in Jun.2016, its owners (Rutland Partners) and bank funders (Wells Fargo/PNC) would no longer support the business which ultimately resulted in Bernard Matthews going into Administration in Sept.2016. Bernard Matthews plc, CH. Bernard Matthews Holdings plc, CH, Fandom
- Apr.2016: Grove Turkeys Ltd, one of the largest producers and suppliers of turkey and poultry added-value products in Ireland and the UK, was bought by Boparan Private Office.ref Grove Turkeys, t/a Grove Farm, was part of Kerry Group plc, before being bought out by management in 2006.ref Website@Archive.org, Website
- Apr.2011: 2 Sisters Food Group bought Northern Foods.ref, AR-Jul.2011
- Apr.2010: Five Star Fish Ltd, a Grimsby-based whitefish processor, and one of the UK's largest seafood suppliers to the foodservice sector, was bought out of administration. The company went into administration in Feb.2010 soon after its parent company, British Seafood Ltd, went into administration.ref Website.arch
- ??.2010: Irish firm Ilderstone...
- Feb.2009: Harry Ramsden's, an iconic fish-and-chips 35-unit chain, was acquired from Select Service Partners. Boparan plans to open 100 locations across the UK and in India and China over the next five years.ref, todo
- Jan.2009: Fishworks seafood chain was acquired out of administration, retaining four restaurants and closing six underperforming restaurants.ref
- ?date?: Chickenworks...
- ?date?: Fox’s Biscuits
- ?date?: Matthew Walker, the world’s oldest Christmas pudding maker
- ?date?: FishWorks
- ?date?: Giraffe
- ?date?: The Cinnamon Collection
Northern Foods plc
- May.2011: Boparan Holdco Ltd > BH Acquisitions Ltd > Northern Foods Ltd > Green Isle Food Group Ltd
- AR-Apr.2006: Northern Foods plc > Beverley House (9000) Ltd > Green Isle Food Group Ltd
- AR-Mar.2003: Northern Foods plc > Convenience Foods Ltd > Green Isle Food Group Ltd
- RS Boparan + BK Boparan = UP. Boparan Holdings Ltd is a subsid of Boparan Holdco Ltd (AR-Jul.2011, p.20].
- Jan.2019: Sold Manton Wood business to Samworth Brothers. [AR-Jul.2018]
- Apr.2019: Sold Green Isle Brands Ltd to a consortium of investors. ... disposal of Frozen Pizza business within Green Isle Foods Ltd, sale to Nomad Foods... / sold 100% interest in Green Isle Foods Ltd. [AR-Jul.2018]
- ?date?: disposal of 2 Sisters Red Meat Ltd to Kepak Group Ltd. [AR-Jul.2018]
- Apr.2011: BH Acquisitions Ltd bought Northern Foods plc.[AR-Jul.2011]
- Dec.2011: Subsid Solway Foods Ltd acquired the Brookes Avana business consisting of RF Brookes and Avana Bakeries.[AR-Jul.2011]
- Nov.1991: Express Dairies was purchased from Grand Metropolitan plc.ref
Bernard Matthews Farms is the largest turkey producer in the UK, rearing over 7m turkeys per year.
- Aug.2020: Turkey Twizzlers were reintroduced after a makeover, with no E-numbers and 67-70% turkey meat (the original had only 34%). Critics said "while it’s a healthier version of its former self, it remains an ultra-processed product". Bernard Matthews erected a 3-metre statute of a Turkey Twizzler outside its HQ in Norfolk.
- Sept.2016: Boparan Private Office bought the company from Rutland Partners, who rejected the initial offer because they would not have received full repayment of their loan notes and interest. Rutland sold most of the assets for nearly £87.5m, pocketing £39m; Wells Fargo & Company and PNC Financial Services Group Inc received £46.6m; administrators Deloitte charged ~£1.5m. This left virtually nothing for the firm's pension fund, which had a deficit of £17.5m - the Pension Protection Fund had to pick up the bill.
- Jun.2016: Failed sale: the company had been in a worsening operational and financial state for several years, with reducing sales and trading losses.ref Following a sale process that failed to find any takers, Rutland Partners and bank funders (Wells Fargo/PNC) declined to continue supporting the business; this resulted in Bernard Matthews going into administration.
- Aug.2015: Rebrand: the company announced a £3m rebranding across the entire company. Marketing activity to support the rebrand included PR, social media and a website redesign, with new packaging introduced in 3 phases between Sept.2015-Apr.2016; and a TV advertising campaign via The Simpsons.ref,ref
- Sept.2013: The business was taken over by Rutland Partners, who injected £25m cash.ref
- Nov.2010: Bernard Matthews died, aged 80.ref,ref
- Apr.2010: Marketing Campaign: the company invested £5m in a new advertising campaign, bringing back its 'Bootiful' catchphrase that was previously used between 1980-2007.ref,ref
- Jan.2010: Bernard Matthews resigned as CEO.ref
- Jul.2008: Rebrand: the company re-branded itself as "Bernard Matthews Farms" from "Bernard Matthews Foods", and stated that all its turkey products would be made with British turkey from its own farms.ref The company also unveiled a plan to reposition the company comprising three key elements: refocusing on British Turkey farming and production, making products that claim to better meet the needs of consumers today, and championing British agriculture.ref,ref
- Apr.2007: Rebrand: the company launched a full-scale rebranding exercise, announcing its intention to enter the free range and organic foods markets, a move seen as an about-face for a company that had played such an instrumental role in the creation of the factory farming sector.
- Jan.2007: Avian Flu: The company's farm suffered an outbreak of avian influenza; ~159,000 birds were slaughtered and sales slumped. Bernard Matthews posted its first loss in 34 years.ref,ref The source of the outbreak was traced back to the Hungarian operations, exposing the fact that much of the company’s production was sourced from outside the UK. Consequences included bans by a number of countries on poultry imports from Britain, a sharp fall in sales of Bernard Matthews products resulting in workers being laid off, and a collapse in confidence in the brand.ref
- Sept.2006: Animal Cruelty: Two contract workers were convicted of animal cruelty after playing baseball with live turkeys.ref,ref,ref
- 2005: Turkey Twizzler Gate: Turkey Twizzlers, a children’s food, was condemned by highly-regarded chef Jamie Oliver for its appalling lack of nutritional value, as well as its outrageously unhealthy levels of saturated fat.ref
- 2004: Animal Cruelty: television programme GMTV broadcast a video made by undercover animal-welfare investigators showing birds packed into overcrowded, darkened sheds in a Matthews factory. Some of the turkeys lay injured and dying.
- 2001: The company was bought back by the Matthews family and taken private again, as a consequence of the Sara Lee takeover scare.ref
- 2000: Sara Lee Foods: Bernard Matthews found itself under a takeover threat by the American food giant, which attempted to buy majority control of the company.ref
- 2000: Launched its own range of prepackaged sandwiches, backed by the construction of a dedicated factory in Dunstable in 2003.
- 2000: GMOs: Greenpeace delivered 3 tons of GM-free turkey feed to the Bernard Matthews headquarters to disprove his contention that it was impossible to buy GM-free animal feed. Within a year, the firm had done a U-turn and declared that the 8m turkeys it farms every year in the UK were fed a "strictly vegetarian diet of non-GM crops" from the company's own feed-mills.
- 1996: Bernhard Bartsch in Germany was acquired. Hungary's SáGa, Sárvár's rival, was acquired. The two companies were then merged to create SáGa Foods Kft.
- 1994: Advanced Foods, a lamb processor based in New Zealand, was acquired; Turner's Turkeys was acquired; Hungary's leading poultry producer, Sárvár, was acquired.
- 1992: The company expanded onto European continent, acquiring Sárvár in Hungary.
- 1984: Food Service: the company begsn supplying the industrial, institutional, and restaurant sectors.
- 1982: A series of new turkey products were launched, including its first breaded poultry product, Crispy Crumb Turkey Steaks, and one of its strongest-selling and longest-lasting brands, Golden Drummers, launched in 1985.
- 1975: Armour Le Grys was acquired, allowing the company to launch its first prepared turkey product, a basted turkey under the Golden Norfolk brand.
- 1974: Turkey Parts: The dramatic growth of large-scale, self-service supermarkets began draining customers from the traditional butchers, local markets and small grocers, with customers increasingly choosing to purchase poultry parts. Bernard Matthews constructed a new processing facility, enabling it to launch a number of packaged turkey products such as Turkey Fillets, and Turkey Breast Roast.
- 1971: Bernard Matthews plc: the company was publicly listed.ref,CH
- 1960: Guinness Book of World Records: Matthews became the biggest turkey farmer in Europe, claiming a world record as Europe’s largest single turkey farm.ref
- 1959: Turkey Factory: Matthews bought a redundant airfield nearby, and constructed the company's first fully dedicated turkey factory. Completed in 1960, the new factory allowed the company to move the last of the turkeys out of the mansion, which was then renovated to become the company’s headquarters.
- 1958: Bernard Matthews Ltd: the company formally incorporated.
- 1955: Great Witchingham Hall: Matthews bought the derelict mansion with 36 acres of land near Norwich for £3,000. He and his wife lived in 2 rooms, using the other 30 rooms to hatch, rear and kill turkeys in.
- 1952: Bernard Matthews was now producing 3,000 turkey eggs. He left his insurance job and moved into poultry farming full-time.
- 1950: The company was founded by Bernard Matthews and his wife, from their home. Matthews bought 20 turkey eggs and an incubator; when 12 hatched, he sold them on for an excellent profit.
- Jun.2018: Food tycoon Ranjit Boparan prepares to sell pie business Holland Pies. He is also said to be considering a sale of Irish fish supplier Donegal Catch. This is Money.
- Feb.27.2018: Chief of 2 Sisters Food steps down after meat factory scandal. Ranjit Singh Boparan, the founder of the embattled 2 Sisters Food Group, has stepped down as chief executive after 25 years. The company said that Boparan would become president of Boparan Holdings, and it would begin the search for a new head of the food group. The Guardian, Simon Goodley.
- Feb.25.2018: Ranjit Boparan, owner of scandal-hit 2 Sisters, seeks £50m sale of fish supplier Donegal Catch. Chicken tycoon Ranjit Boparan is considering casting off another piece of his empire with the potential sale of Irish fish supplier Donegal Catch. Boparan is scrambling to keep his business afloat. Last month he sold the pizza brand Goodfella's Pizza to the owner of Birds Eye. He also acquired turkey business Bernard Matthews and the restaurant chains FishWorks, Giraffe and Harry Ramsden's. 2 Sisters has reportedly held talks about merging its Fox's Biscuits brand with the Jammie Dodgers maker Burton's Foods, which is owned by a Canadian pension fund. The Times, John Collingridge, Ben Harrington.
- Feb.08.2018: Job cuts loom at scandal-hit chicken supplier 2 Sisters. Nine hundred jobs are under threat at three poultry plants belonging to 2 Sisters Food Group, the UK’s largest supplier of supermarket chicken, which has been dogged by a controversy over food standards. The potential closure of two of the firm’s West Midlands factories in Smethwick and Wolverhampton, plus a third in Cambuslang in South Lanarkshire, follow a nightmare year for the company, which has included the closing of a further site in Smethwick as well as a Guardian and ITV undercover investigation that prompted production to be suspended for five weeks last autumn at the group’s West Bromwich plant. The Guardian, Simon Goodley.
- Jan.19.2018: A food firm being probed by MPs tried to send them Christmas presents. The Environment, Food and Rural Affairs Committee said packages of biscuits were sent to several MPs by 2 Sisters Food Group The Mirror, Andrew Gregory.
- Jan.21.2008: 2 Sisters Food Group Ltd. purchases Lloyd Maunder Ltd. Lloyd Maunder, based at Willand in mid-Devon, pioneered the production of poultry for the retail market 50 years ago. Lloyd Maunder's chain of 15 butchers shops in Devon and Cornwall is not included in the acquisition, and will continue trading under the ownership and management of Lloyd Maunder Holdings. Boparan.com.
- Jamie Oliver's worst nightmare: the return of the Turkey Twizzler. The Guardian, Rebecca Smithers. Aug.17.2020
- Norfolk's second-greatest cultural export set for return with 3-metre monument in honour of the Turkey Twizzler. The Register, Richard Currie. Aug.17.2020
- 2 Sisters owner confirms Bernard Matthews purchase. Food Manufacture, Noli Dinkovski. Sept.21.2016
- Bernard Matthews pensioners fleeced by liquidators. World Socialist Web Site, Jean Shaoul. Oct.14.2016