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You can find the current article at its original source at https://www.theguardian.com/business/2017/sep/28/chicken-king-empire-ranjit-singh-boparan
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The secretive 'chicken king': inside the empire of Ranjit Singh Boparan | The secretive 'chicken king': inside the empire of Ranjit Singh Boparan |
(about 1 month later) | |
His soft West Midlands accent betrays the fact that Ranjit Singh Boparan has not ventured far from his roots during a career in food. But in business terms he has travelled miles. | His soft West Midlands accent betrays the fact that Ranjit Singh Boparan has not ventured far from his roots during a career in food. But in business terms he has travelled miles. |
The entrepreneur, who left school at 16 with few qualifications and spent his early working life toiling in a local butcher’s shop, founded 2 Sisters Food Group in West Bromwich in 1993 with a bank loan, and has since grown the firm into the UK’s second largest food business by turnover. | The entrepreneur, who left school at 16 with few qualifications and spent his early working life toiling in a local butcher’s shop, founded 2 Sisters Food Group in West Bromwich in 1993 with a bank loan, and has since grown the firm into the UK’s second largest food business by turnover. |
UK's top supplier of supermarket chicken fiddles food safety dates | UK's top supplier of supermarket chicken fiddles food safety dates |
He and his wife, Baljinder Kaur Boparan, have made an estimated £544m, according to the Sunday Times rich list, while maintaining many of the core chicken operations around his old West Midlands base. | He and his wife, Baljinder Kaur Boparan, have made an estimated £544m, according to the Sunday Times rich list, while maintaining many of the core chicken operations around his old West Midlands base. |
The empire created by 51-year-old Ranjit Singh Boparan, known as the “chicken king”, employs 23,000 people and supplies the major supermarkets. The founder says this growth has been built on a daily focus on working “tirelessly to produce good quality, safe food at an affordable price”. | The empire created by 51-year-old Ranjit Singh Boparan, known as the “chicken king”, employs 23,000 people and supplies the major supermarkets. The founder says this growth has been built on a daily focus on working “tirelessly to produce good quality, safe food at an affordable price”. |
Apart from chicken, the acquisitive Boparan has also swallowed the turkey producer Bernard Matthews, Fox’s Biscuits, Goodfella’s pizza and Matthew Walker, the world’s oldest Christmas pudding maker – as well as the restaurant chains Harry Ramsden, FishWorks, Giraffe and the Cinnamon Collection. | Apart from chicken, the acquisitive Boparan has also swallowed the turkey producer Bernard Matthews, Fox’s Biscuits, Goodfella’s pizza and Matthew Walker, the world’s oldest Christmas pudding maker – as well as the restaurant chains Harry Ramsden, FishWorks, Giraffe and the Cinnamon Collection. |
Such a sprawling empire – owned via a variety of different vehicles – has propelled him into the business elite and attracted some star names to sit on his board. | Such a sprawling empire – owned via a variety of different vehicles – has propelled him into the business elite and attracted some star names to sit on his board. |
2 Sisters’ parent company – Boparan Holdings – is chaired by Lord Allen, the former chief executive of Granada and ITV, as well as a one-time non-executive director of Tesco. | 2 Sisters’ parent company – Boparan Holdings – is chaired by Lord Allen, the former chief executive of Granada and ITV, as well as a one-time non-executive director of Tesco. |
Lady Neville-Rolfe, another former Tesco board member, who was commercial secretary to the Treasury until the summer, also served as a director of the company, while the former Sainsbury’s boss Justin King was an adviser. | Lady Neville-Rolfe, another former Tesco board member, who was commercial secretary to the Treasury until the summer, also served as a director of the company, while the former Sainsbury’s boss Justin King was an adviser. |
A more secretive businessman than Boparan would be hard to find. | A more secretive businessman than Boparan would be hard to find. |
He insists on a low public profile and “doesn’t do interviews with the media”, as one adviser put it bluntly to the Observer six years ago when the entrepreneur was acquiring Northern Foods. | He insists on a low public profile and “doesn’t do interviews with the media”, as one adviser put it bluntly to the Observer six years ago when the entrepreneur was acquiring Northern Foods. |
However, there have been some public statements. | However, there have been some public statements. |
In a rare appearance when collecting an honorary degree in 2015 from Nottingham Trent University, which lauded him for steering his business “into the vanguard of food safety”, Boparan outlined his business philosophy. It included soundbites on how you should treat “work as a hobby”, but “of course get paid loads of money doing it” and how “if you keep doing the same thing you’ll get the same results”. | In a rare appearance when collecting an honorary degree in 2015 from Nottingham Trent University, which lauded him for steering his business “into the vanguard of food safety”, Boparan outlined his business philosophy. It included soundbites on how you should treat “work as a hobby”, but “of course get paid loads of money doing it” and how “if you keep doing the same thing you’ll get the same results”. |
He added: “Work isn’t work. It’s fulfilling a dream. It’s making a difference. Work is a journey. Every day we face challenges. You will learn something every day. | He added: “Work isn’t work. It’s fulfilling a dream. It’s making a difference. Work is a journey. Every day we face challenges. You will learn something every day. |
The chicken run: blood, sweat and deceit inside a UK poultry plant | The chicken run: blood, sweat and deceit inside a UK poultry plant |
“Adapting to change is crucial. The world is moving at a fast pace. Never stop listening. Never stop learning. Set stretching goals. Reach for the sky. In life there are two types of individuals. There are book readers and there are book writers. There are 99% of us who read books. There is only 1% of us who write books. Be the book writer.” | “Adapting to change is crucial. The world is moving at a fast pace. Never stop listening. Never stop learning. Set stretching goals. Reach for the sky. In life there are two types of individuals. There are book readers and there are book writers. There are 99% of us who read books. There is only 1% of us who write books. Be the book writer.” |
The company’s own books show it turned over £3.1bn in its most recent full year, making an operating profit of £90.5m. | The company’s own books show it turned over £3.1bn in its most recent full year, making an operating profit of £90.5m. |
After taking into account exceptional items, interest and tax, that skinny profit turned into a loss of £1.4m, all of which illustrates how tight the margins can be when your main customers are the major supermarkets. | After taking into account exceptional items, interest and tax, that skinny profit turned into a loss of £1.4m, all of which illustrates how tight the margins can be when your main customers are the major supermarkets. |
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