Move safeguards 2,000 jobs ’and Christmas 2016’
Turkey manufacturer Bernard Matthews has been sold to the Boparan Private Office.
The company said Christmas ‘could have been at risk’ without their intervention and the sale secures about 2,000 jobs in Norfolk and Suffolk. Bernard Matthews provides about 40 per cent of Christmas turkeys in the UK.
Bernard Matthews has been sold to Ranjit Singh Boparan’s private investment vehicle, Boparan Private Office, not the 2 Sisters food group.
A spokesman for the Boparan Private Office said: “This acquisition will create a strong platform for future growth and ensures Bernard Matthews is well positioned to develop into a sustainable, growing business.
"We intend to respect and build on the 66-year heritage of a much-loved British brand and crucially help to deliver Christmas 2016, which would have been at risk without our intervention.
"We have a proven track record in turning around businesses and we aim to make Bernard Matthews great again.
"This deal is ultimately good news for UK consumers and our customers, who will benefit from a secure supply of British turkey from one of the most recognisable brands in the UK."