Boparan Acquires an Additional Food Business – Ranjit Boparan, owner of 2 Sisters Food Group has bought 33 Ed’s Easy Dinner restaurants, further extending his business food empire.
Giraffe Concepts Ltd previously acquired these casual dining restaurants and was later bought by Boparan Restaurants Holdings, from Tesco earlier this year. In addition to the restaurants, the deal included the brand plus the head office team.
Other businesses owned and operated by Boparan Restaurants Holdings include FishWorks, Harry Ramsdens and The Cinnamon Collection.
This recent Boparan acquisition came after the last week’s takeover of Bernard Matthews’ turkey business which was reportedly controversial. The deal seemed to have been ‘carefully crafted’ to make it possible for secured creditors to get maximum value from the company and simultaneously dump the pension scheme plus other liabilities – a conclusion that a Work and Pensions Committee briefing has arrived at.