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British chicken producer Banham Poultry has been acquired by 2 Sisters Food Group founder Ranjit Boparan, for an undisclosed sum.
The company was purchased in 2018 by Chesterfield Poultry, which invested £11 million at the 12-acre facility. Based in Attleborough, Norfolk, Banham has an annual turnover of £100 million and produces approximately 7% of the UK's chicken.
A spokesman for the Boparan Private Office said: "We are pleased to announce the acquisition of Banham Poultry, which safeguards more than 1,000 employees and many more across the supply chain in the region. This acquisition will enable the BPO to maintain processing capacity and fulfil customers’ orders in the important run-up to the Christmas period and to meet future demand."
The spokesperson added: "We have a strong track record in investing in and supporting the food processing and agricultural sectors, and we are totally committed to maintaining production capacity and jobs at the Banham site. This acquisition should be viewed as very good news for Banham employees, farmers, customers and suppliers and we will ensure that their needs will continue to be fulfilled."