Grove Turkeys (trading as Grove Farm), the Irish business that is one of the largest producers and suppliers of turkey and poultry added-value products in Ireland and the UK, has been acquired by the owner of the 2Sisters Food Group, subject to regulatory clearance.
However, this is a private personal investment by 2Sisters owner and chief executive Ranjit Singh Boparan – the acquisition will not be part of the wider 2Sisters Group. A statement from Boparan Private Office says it has “agreed to acquire the Grove Farms Turkey business based in Monaghan, Ireland. The acquisition is subject to clearance from Competition Authority in Ireland. The existing Grove management team and staff will transfer and the business will continue to operate from its current site as part of the Boparan Private Office”.
The Irish Trade press is reporting that Mr Boparan has acquired the business together with Amber Real Estate Investments (Ireland), a company that leases industrial and commercial property including agricultural and feed milling businesses.
Grove Turkeys was established as a privately business in 1972, growing to become a fully integrated turkey rearing and processing operation. It was subsequently bought by the Kerry Group in 1988, and was bought by its management in 2006.