Ranjit Singh Boparan: Difference between revisions
create redirect |
new article - stub |
||
| Line 1: | Line 1: | ||
'''Ranjit Singh Boparan''' is a British [[businessman]], the founder and owner of [[2 Sisters Food Group]] with his wife Baljinder Singh Boparan. Known as the "Chicken King" in the West Midlands,<ref name=GuardNrthFoods/> he has an estimated person fortune of £140M.<ref name=DMail554249/> |
|||
| ⚫ | |||
==Early and personal life== |
|||
Educated in [[Birmingham]], [[West Midlands]], Ranjit left school aged 16 with few qualifications.<ref name=GuardNrthFoods/> He started working in a [[butchers]] shop, and founded 2 Sisters Food Group in 1990 with a small bank loan.<ref name=GuardNrthFoods/> Still resident today in the West Midlands, he began expanding [[West Bromwich]]-based 2 Sisters Food Group through its holding company Boparan Holdings, which he jointly owns with his wife. Boparan insists on a low public profile and "doesn't do interviews with the media".<ref name=GuardNrthFoods>http://www.guardian.co.uk/business/2011/mar/13/northern-foods-tesco-marks-spencer</ref> |
|||
In November 2006, the couples then 19 year old son Antonio was prosecuted after his [[Range Rover Sport]] left one year old Cerys Edwards with severe brain damage, after his car hit the [[Jeep]] her parents were driving at {{convert|70|mph}} on the wrong side of a {{convert|30|mph}} single-track road.<ref name=DMail554249>http://www.dailymail.co.uk/news/article-554249/How-cars-black-box-trapped-speeding-Rich-List-heir-left-baby-paralysed-Range-Rover-crash.html</ref> He was the first person convicted under English & Welsh law from evidence recovered from his cars [[Event Data Recorder]] system, concealed in the drivers [[airbag]].<ref name=DMail554249/> Antonio was sentenced in April 2008 to 21 months in jail for [[dangerous driving]], at Birmingham Crown Court.<ref>http://www.thesun.co.uk/sol/homepage/news/article1087892.ece</ref> |
|||
==Boparan Holdings== |
|||
Boparan Holdings is the group company, which owns all of the couples subsidiary holdings. |
|||
===2 Sisters Food Group=== |
|||
| ⚫ | |||
Founded in 1993 as a frozen retail cutting operation, it has through acquisition expanded to cover 13 manufacturing sites in the UK, 1 in the [[Netherlands]], and 1 in the [[United States]]. The group employees over 5,000 people, and annual sales now exceed £650 million. It is listed on the ''[[Sunday Times]]'' [[Top Track 250]]. |
|||
In April 2010, the group announced the agreed acquisition of Dutch-based chicken processor [[Storteboom Group]], with facilities in Holland and [[Poland]].<ref>{{cite web|url=http://www.prnewswire.co.uk/cgi/news/release?id=284788|title=2 Sisters Commits to Acquisition of Storteboom Group|publisher=prnewswire.co.uk|date=2010-04-23|accessdate=2010-07-02}}</ref> |
|||
Producing mainly own-brand products for [[supermarket]]s and retailers, inclduing [[Tesco]], [[Waitrose]] and [[Marks & Spencer]], it also owns the heritage Buxted brand (based on the former [[World War II]] [[RAF]] airbase [[RAF Bungay]]), and the Devonshire Red [[free range]] chicken (bought from [[Lloyd Maunder]] in January 2008).<ref>{{cite web|url=http://www.thepoultrysite.com/poultrynews/13905/2-sisters-food-group-buys-lloyd-maunder|title=2 Sisters Food Group Buys Lloyd Maunder|publisher=thepoultrysite.com|date=2008-01-22|accessdate=2010-07-02}}</ref> |
|||
===Northern Foods=== |
|||
{{main|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,<ref>{{cite web|url=http://www.just-food.com/analysis/in-the-spotlight-the-greencore-northern-foods-merger_id113251.aspx|title=In the spotlight - The Greencore, Northern Foods merger|publisher=just-food.com|date=|accessdate=2010-11-17}}</ref> with headquarters in Ireland but listed on the [[London Stock Exchange]]. |
|||
However, after building up a 25% share holdings, on 21 January 2011 Ranjit Singh Boparan announced a bid to buy Northern Foods,<ref name="ft">[http://www.ft.com/cms/s/0/8a116262-2557-11e0-93ae-00144feab49a.html Boparan wins Northern Foods with £341m bid] FT.com</ref> which succeeded in gaining sufficient shareholder support to proceed. This resulted in the appointment of Boparan as the company's Chairman in April 2011.<ref name="insidermedia">[http://www.insidermedia.com/insider/yorkshire/50684-boparan-becomes-northern-foods-chairman/ Boparan becomes Northern Foods Chairman]</ref> On 13 May 2011 the company was delisted from the London Stock Exchange, and taken private under Boparan Holdings. |
|||
===FishWorks=== |
|||
FishWorks operates in a similar manner to 2 Sisters, but within the fish processing market. Its brands include Findus and the [[Harry Ramsden]] [[fish and chip shop]] chain. |
|||
==References== |
|||
{{reflist}} |
|||
{{DEFAULTSORT:Boparan, Ranjit Singh}} |
{{DEFAULTSORT:Boparan, Ranjit Singh}} |
||
[[Category:Year of birth missing (living people)]] |
|||
[[Category:Living people]] |
[[Category:Living people]] |
||
[[Category:British people of Indian descent]] |
[[Category:British people of Indian descent]] |
||
[[Category:British sikhs]] |
|||
[[Category:British businesspeople]] |
|||
{{UK-bio-stub}} |
|||
Revision as of 00:30, 30 November 2011
Ranjit Singh Boparan is a British businessman, the founder and owner of 2 Sisters Food Group with his wife Baljinder Singh Boparan. Known as the "Chicken King" in the West Midlands,[1] he has an estimated person fortune of £140M.[2]
Early and personal life
Educated in Birmingham, West Midlands, Ranjit left school aged 16 with few qualifications.[1] He started working in a butchers shop, and founded 2 Sisters Food Group in 1990 with a small bank loan.[1] Still resident today in the West Midlands, he began expanding West Bromwich-based 2 Sisters Food Group through its holding company Boparan Holdings, which he jointly owns with his wife. Boparan insists on a low public profile and "doesn't do interviews with the media".[1]
In November 2006, the couples then 19 year old son Antonio was prosecuted after his Range Rover Sport left one year old Cerys Edwards with severe brain damage, after his car hit the Jeep her parents were driving at 70 miles per hour (110 km/h) on the wrong side of a 30 miles per hour (48 km/h) single-track road.[2] He was the first person convicted under English & Welsh law from evidence recovered from his cars Event Data Recorder system, concealed in the drivers airbag.[2] Antonio was sentenced in April 2008 to 21 months in jail for dangerous driving, at Birmingham Crown Court.[3]
Boparan Holdings
Boparan Holdings is the group company, which owns all of the couples subsidiary holdings.
2 Sisters Food Group
Founded in 1993 as a frozen retail cutting operation, it has through acquisition expanded to cover 13 manufacturing sites in the UK, 1 in the Netherlands, and 1 in the United States. The group employees over 5,000 people, and annual sales now exceed £650 million. It is listed on the Sunday Times Top Track 250.
In April 2010, the group announced the agreed acquisition of Dutch-based chicken processor Storteboom Group, with facilities in Holland and Poland.[4]
Producing mainly own-brand products for supermarkets and retailers, inclduing Tesco, Waitrose and Marks & Spencer, it also owns the heritage Buxted brand (based on the former World War II RAF airbase RAF Bungay), and the Devonshire Red free range chicken (bought from Lloyd Maunder in January 2008).[5]
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,[6] with headquarters in Ireland but listed on the London Stock Exchange.
However, after building up a 25% share holdings, on 21 January 2011 Ranjit Singh Boparan announced a bid to buy Northern Foods,[7] which succeeded in gaining sufficient shareholder support to proceed. This resulted in the appointment of Boparan as the company's Chairman in April 2011.[8] On 13 May 2011 the company was delisted from the London Stock Exchange, and taken private under Boparan Holdings.
FishWorks
FishWorks operates in a similar manner to 2 Sisters, but within the fish processing market. Its brands include Findus and the Harry Ramsden fish and chip shop chain.
References
- ^ a b c d http://www.guardian.co.uk/business/2011/mar/13/northern-foods-tesco-marks-spencer
- ^ a b c http://www.dailymail.co.uk/news/article-554249/How-cars-black-box-trapped-speeding-Rich-List-heir-left-baby-paralysed-Range-Rover-crash.html
- ^ http://www.thesun.co.uk/sol/homepage/news/article1087892.ece
- ^ "2 Sisters Commits to Acquisition of Storteboom Group". prnewswire.co.uk. 2010-04-23. Retrieved 2010-07-02.
- ^ "2 Sisters Food Group Buys Lloyd Maunder". thepoultrysite.com. 2008-01-22. Retrieved 2010-07-02.
- ^ "In the spotlight - The Greencore, Northern Foods merger". just-food.com. Retrieved 2010-11-17.
- ^ Boparan wins Northern Foods with £341m bid FT.com
- ^ Boparan becomes Northern Foods Chairman
 | This British biographical article is a stub. You can help Wikipedia by expanding it. |