Sunday, October 15, 2006: London, Oct. 15 (PTI): A private company
owned by a husband-wife team and three other NRI
firms are among Britain's
250 top middle-market companies that are helping to keep the economy
vibrant, a survey indicated today.
The West Midlands firm 2 Sisters Food group, owned by the husband-and-wife
team of Ranjit and Baljinder Boparan, has eight poultry-processing
units in Britain and one in the Netherlands
employing 2,771 staff, The Sunday Times "Top Track 250"
noted.
The company supplies own-label chicken products to supermarkets,
including Tesco and Marks & Spencer, and also has its own
Buxted brand.
In August 2005, it bought John Rannoch, a processor of roast
and breaded chicken. The firm says this acquisition will add 60
million pounds to its sales, which stood at 326.8 million pounds
in 2004.
While 2 Sisters Food Group has climbed to 16th rank in 2006 from
23 in 2005, another NRI outfit, Dhamecha Foods has slid from 36
to 53 during that period. Celebrating 30 years in the cash-and-carry
business, Wembley-based Dhamecha Foods was founded in 1976 to
supply retailers in northwest London.
The family-owned business, run by cousins Pradip and Manesh Dhamecha,
supplies a range of convenience stores, off-licences, pubs and
pharmacies across Greater London. It has five depots offering
12,000 products, and the company is looking to open a sixth depot.
Sales are growing year on year and reached 270.9 million pounds
in 2005, the survey said.
Source: http://www.hindu.com/thehindu/holnus/006200610151922.htm