Archive of all 2 Sisters articles – Page 2
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News
2 Sisters set to close Llangefni factory with more than 700 jobs at risk
The poultry giant said the decision to shutter the plant was a response to the ‘continuing’ cost challenges facing the sector
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News
‘Worst to come’ from food sector’s myriad crises, says 2 Sisters boss Ronald Kers
The sector was facing an ’existential threat to its future if we have another year like this’, warned CEO Ronald Kers
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News
2 Sisters agrees sale of Holland’s Pies and bakery division
2 Sisters Food Group is close to offloading its bakery division after striking a conditional agreement with an Irish boutique investment firm
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2 Sisters hits major high-welfare chicken production milestone
The poultry giant now produces a fifth of its chickens (representing two million birds a week) to the standards of the Better Chicken Commitment
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News
New CO2 gas crisis could cost 2 Sisters £1m extra a week, Ranjit Singh Boparan warns
It comes as the UK’s main gas supplier CF Fertilisers announced plans to close its Billingham site last week
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2 Sisters hit by labour crisis and cost hikes
Losses almost tripled at UK chicken giant 2 Sisters last year as rising commodities costs and labour shortages hit its bottom line
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News
2 Sisters warns of ‘hyper-inflation’ with input costs already up 50%
The poultry giant is warning war between Ukraine and Russia will drive food prices up even further over the coming weeks
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CMA launches probe into Boparan’s acquisition of Banham Poultry
Regulators have kicked off an investigation into Ranjit Boparan’s acquisition of Banham Poultry
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News
CMA launches investigation into Ranjit Boparan’s acquisition of Banham Poultry
The founder of 2 Sisters Food Group struck an agreement to acquire the Norfolk-based chicken processor through his private family office last month
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News
Cough up or look elsewhere for cheap chicken, 2 Sisters warns supermarkets
In the face of mounting inflation across the fresh supply chain, the poultry giant has warned price increases are inevitable
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‘Poultry shortages inevitable’ despite new isolation exemptions
The president of 2 Sisters Food Group Ranjit Singh said the sector was facing a ’food crisis like we’ve never seen before’
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News
2 Sisters continues branded exit with bakery sale plan
Brands up for sale include Lancashire pie maker Holland’s and Irish sausage roll producer Portumna
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Labour crisis: Meat suppliers furious as workers look to flee UK
‘Bonkers’ EU resettlement scheme will pay up to £3,000 for EU workers to return home
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News
Bernard Matthews launches Turkey Twizzlers into the chilled aisle
The poultry brand said the new products will compete with the sausage market
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Analysis & Features
How Ronald Kers has driven recovery at 2 Sisters
Kers has worked with 2 Sisters founder Ranjit Singh to turn the processor’s fortunes around and create ‘the leading poultry-plus business’
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News
2 Sisters trumpets turnaround plan after surge in profit
The poultry giant saw operating profits rise to almost £40m for 53 weeks to 1 August following a major shake-up of the business
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City snapshot: 2 Sisters owner Boparan raises £475m to bolster turnaround
2 Sisters owner Boparan has raised £475m of new corporate bonds to refinance existing debt and provide a platform to accelerate its turnaround plans. Plus all the rest of the latest news from the City.
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News
Boparan rescues burger chain GBK from administration
2 Sisters owner Boparan has continued its push into casual dining, with the rescue of the GBK burger brand from administration
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News
Ferrero acquires Fox’s Biscuits from 2 Sisters for £246m
Ferrero has snapped up Fox’s Biscuits from 2 Sisters Food Group for £246m to add to its growing biscuit portfolio across the world.
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News
Pilgrim’s Pride sees 170 positive Covid-19 tests as Bernard Matthews cases rise
Both major processors have suggested the outbreaks were down to community transmission