2 Sisters’ owner expands poultry presence with Germany acquisition

The proprietor of UK private-label poultry large 2 Sisters Food Group has acquired German adjacent Heidemark.

Ranjit Singh Boparan has struck the woody done his concern conveyance Boparan Private Office (BPO) for an undisclosed sum.

Heidemark, a family-owned turkey and chickenhearted processor based successful Ahlhorn, Lower Saxony, volition go portion of Storteboom Food Group, which is besides owned by BPO, according to a connection contiguous (19 February).

The German concern generates yearly income gross of astir €760m ($894.6m) and employs 2,300 unit crossed 5 sites. It supplies its ain marque and besides backstage label.

Heidemark volition run arsenic an autarkic concern wrong Storteboom Food, which is besides a chickenhearted and poultry processor successful Zeewolde, the Netherlands.

Private-label supplier Storteboom Food has yearly income of astir €1.2bn and has 9 accumulation and processing facilities successful the Netherlands, Poland and Ireland. It employs astir 3,500 staff.

Boparan, who is the president of BPO, said: “We are precise pleased with this acquisition and would similar to convey the Kalvelage household for entrusting america with the aboriginal maturation of their business.

“The concern fits perfectly into our wide ‘Next Gen’ radical strategy, successful which we purpose to further make the pursuing areas of production: precocious automation, innovation, productivity, and net-zero sustainability.”

Heidemark’s absorption and enforcement squad volition stay successful place, led by CEO Andres Ruff, on with the company’s name.

Ruff said: “With our expertise successful turkey and our wide poultry strategy, this acquisition provides an fantabulous instauration for integrated maturation successful continental Europe.

“Together, we privation to further make the poultry business. Heidemark’s existent locations volition beryllium retained, portion we program further investments.”

The woody is taxable to contention support done the European Commission.

“Both companies expect a tenable and swift decision wrong the model of the statutory procedure,” according to the statement.

Christopher Kalvelage, the existent proprietor of Heidemark, added: “The committedness that each employees volition support their jobs and that absorption volition stay connected committee was precise important to us. The caller owner’s imaginativeness besides greatly impressed us, the Kalvelage family.”

Veli Moluluo, the CEO of Storteboom Food, said the acquisition is “part of a semipermanent European strategy focused connected sustainable capableness growth, expanding merchandise innovation, and strengthening transparent proviso chains”.

In different deals, Boparan rescued UK-based Roberts Bakery past twelvemonth from the hazard of going into administration. The billionaire businessman besides acquired the institution done BPO.