Ranjit Singh Boparan

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Ranjit Singh Boparan
Born August 1966 (age 50)
Bilston, West Midlands, England
Nationality British
Known for the "Chicken King"
Net worth £190 million
Title founder and owner of 2 Sisters Food Group
Spouse(s) Baljinder Kaur Boparan

Ranjit Singh Boparan (born August 1966) is a British businessman, and the founder and owner of 2 Sisters Food Group with his wife Baljinder Kaur Boparan. Known as the "Chicken King" in the West Midlands,[1] he has an estimated personal fortune of £190M.

Early career[edit]

Born in August 1966[2] in Bilston, West Midlands, Boparan left school aged 16 with few qualifications.[1] He started working in a butchers shop, and founded 2 Sisters Food Group in 1993 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 Holdings[edit]

Boparan Holdings is the group company, which owns all of the couple's subsidiary holdings. The Boparans are keen on training and developing their workforce, and are proud of their record of putting employees through NVQs on factory and farm production. They are also proud of the high standards of animal welfare and food safety among their partner companies and suppliers.[3]

2 Sisters Food Group[edit]

2 Sisters Food Group is a Birmingham, England-based food-manufacturing company.

Established in 1993 by chief executive, Ranjit Singh Boparan, as a frozen retail cutting operation, it has grown rapidly through acquisition and expanded to cover 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[edit]

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,[4] with headquarters in Ireland but listed on the London Stock Exchange.

However, after building up a 25% share holdings, on 21 January 2011 Boparan announced a £341M bid to buy Northern Foods,[5] which succeeded in gaining sufficient shareholder support to proceed. This resulted in the appointment of Boparan as the company's chairman in April 2011.[6] On 13 May 2011 the company was delisted from the London Stock Exchange, and taken private under Boparan Holdings.

FishWorks[edit]

FishWorks is a seafood restaurant chain, originally started by Mitch Tonks.[7]

Harry Ramsden's[edit]

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,[8][9] on 19 January 2010 SSP sold Harry Ramsden's to Boparan Ventures Ltd, the private investment vehicle of Boparan.[10] BVL announced plans to open another 100 units in the next five years, and create 600 new jobs.[11]

Cinnamon Collection[edit]

In January 2016, Boparan Restaurant Holdings (BRH) acquired the three-strong Cinnamon Collection chain of restaurants in London, an upmarket Indian outlet.[12]

Grove Farm Turkey[edit]

In April 2016, the Boparan Private Office acquired Irish Turkey business Grove Farm.[13]

Giraffe Restaurants[edit]

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.[14]

Bernard Matthews[edit]

In September 2016, it was announced Singh's Private Office (Boparan Private Office) was to acquire turkey producer Bernard Matthews for £87.5m.[15]

Ed's Easy Diner[edit]

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.[16]

Honours[edit]

Boparan received an honorary doctorate from Nottingham Trent University in July 2015, "in recognition of his significant contribution to the food manufacturing industry, to education and the development of his workforce, and for his philanthropic interests.” [17]

Family and personal life[edit]

Boparan insists on a low public profile and "doesn't do interviews with the media".[1]

In November 2006, the couple's 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, which was travelling at 70 miles per hour (110 km/h) on the wrong side of a 30 miles per hour (48 km/h) single-track road,[18] hit the Jeep her parents were driving. He was the first person convicted under English and Welsh law from evidence recovered from his car's Event Data Recorder system, concealed in the driver's airbag.[18] In April 2008 Antonio was sentenced to 21 months in jail for dangerous driving, at Birmingham Crown Court.[19] In February 2012, Cerys Edwards' family was awarded £5M, and a sum of £450k per annum every year for her life for Cerys' care, from Boparan's insurance company.[20] Cerys died at Birmingham Children's Hospital on 17 October 2015, aged 9.[21] In April 2014, the millionaire's son was involved in a Birmingham bar brawl which left a man blinded. Antonio later admitted in court to inflicting actual bodily harm and violent disorder.[22]

References[edit]

  1. ^ a b c d Wachman, Richard (13 March 2011). "Ranjit Boparan, the chicken king, looks set to rule the roost at Northern Foods". The Guardian. London. 
  2. ^ "Ranjit Singh BOPARAN - Personal Appointments (free information from Companies House)". Beta.companieshouse.gov.uk. Retrieved 3 April 2017. 
  3. ^ "Birmingham Post Rich List, the top 50 wealthiest people in the Midlands". Birmingham Post. 23 January 2014. Retrieved 3 March 2014. 
  4. ^ "In the spotlight - The Greencore, Northern Foods merger". just-food.com. Retrieved 17 November 2010. 
  5. ^ Boparan wins Northern Foods with £341m bid FT.com
  6. ^ Boparan becomes Northern Foods Chairman
  7. ^ Reviewed by Terry Durack. "His FishWorks chain hit the rocks, but Mitch Tonks is back with a small-fry operation that's making a big splash". The Independent. Retrieved 3 April 2017. 
  8. ^ "SSP – The Food Travel Experts". Foodtravelexperts.com. 4 April 2009. Retrieved 26 February 2010. 
  9. ^ "Fantastic feast for the girls – Blackpool Today". Blackpoolgazette.co.uk. Retrieved 26 February 2010. 
  10. ^ "SSP – The Food Travel Experts". Foodtravelexperts.com. 15 November 2007. Retrieved 26 February 2010. 
  11. ^ "Chicken magnate gobbles up Harry Ramsden's with promises of 100 new outlets". Yorkshire Post. Retrieved 26 February 2010. 
  12. ^ http://imbibe.com/news-articles/general/cinnamon-collection-acquired-by-harry-ramsdens-owner/ /
  13. ^ "2 Sisters' Ranjit Singh to buy Irish turkey business - Farmers Weekly". Fwi.co.uk. 20 April 2016. Retrieved 3 April 2017. 
  14. ^ Lauren Davidson (10 June 2016). "Tesco to offload Giraffe restaurants and its Turkish business as sell-off continues". Telegraph.co.uk. Retrieved 3 April 2017. 
  15. ^ Noli DinkovskiNoli Dinkovski, 21 September 2016 (21 September 2016). "Turkey giant Bernard Matthews purchased by Ranjit Boparan". Foodmanufacture.co.uk. Retrieved 3 April 2017. 
  16. ^ "JavaScript is disabled in your browser.". Thecaterer.com. Retrieved 3 April 2017. 
  17. ^ Stones, Mike (20 July 2015). "2 Sisters boss gets award from university". Food Manufacture. London. 
  18. ^ a b "How car's black box trapped speeding Rich List heir who left baby paralysed in Range Rover crash". Daily Mail. London. 3 April 2008. 
  19. ^ Parker, Andrew (25 April 2008). "Rich kid jailed for tot horror". The Sun. London. 
  20. ^ "Cerys Edwards injured by speeding driver awarded £5m". BBC West Mildands. 23 February 2012. Retrieved 23 February 2012. 
  21. ^ McLelland, Euan (20 October 2015). "Cerys Edwards who was injuries as baby dies nine years after car crash with Antonio Boparan | Daily Mail Online". Dailymail.co.uk. Retrieved 3 April 2017. 
  22. ^ Awford, Jenny (6 February 2015). "Harry Ramsden's owner's son who left a baby severely brain damaged in horror crash is facing jail for the second time over bar brawl which left a man blinded.". The Daily Mail. London.