Press Release 13/07/2011
13-07-2011
2 Sisters Storteboom to expand its activities in the Netherlands
2 Sisters Storteboom has today announced two separate agreements which will expand its position in the Netherlands.
The company has agreed to acquire Branderhorst freshfood BV in Sprundel. An agreement has been reached with owner Ad Branderhorst to integrate the Branderhorst activities into the retail division of 2 Sisters Storteboom, and combine them with the retail activities recently started by 2 Sisters Storteboom from a brand new, state-of-the-art plant in Zeewolde.
2 Sisters Storteboom and Joop Eskes, the owner of Esbro Beheer BV in Doetinchem, signed a letter of intent which provides the option to build a new slaughterhouse in Doetinchem. The plan will be developed over several months, immediately followed by the construction of the new plant. The current owner will gradually transfer his shares in Esbro Beheer BV to 2 Sisters Storteboom BV in the coming years.
Both Branderhorst freshfood and Esbro are family businesses with a long history in the Dutch poultry industry and an excellent reputation due to their personal approach and the high quality of their poultry products. The owners of both companies will remain with the organisation.
“Expanding our activities is in line with the strategic objective of 2 Sisters Storteboom to be market leader in all markets in which it operates, both in terms of volume of production and as a strategic retail partner”,explains Rob Hengeveld, Managing Director of 2 Sisters Storteboom.
“Branderhorst freshfood is an efficient, modern production company. With state-of-the-art production automation it has built a name for itself as an outstanding package supplier of poultry specialities for the retail channel. The option to build a brand new slaughterhouse in Doetinchem with Esbro would enable us to achieve a leading position in the line production of packed poultry products using the latest technology available. I look forward to working with both Joop and Ad. I am convinced that their many years of expertise will drive the professional development of our group and accelerate the realisation of the market position we aim for in the Netherlands”.
After the takeover of Storteboom by 2 Sisters in April 2010 and the takeover of Brink Poultry Products in Zeewolde, the takeovers of Branderhorst freshfood and Esbro will boost the expansion of 2 Sisters Storteboom. At the same time, the development of 2 Sisters Food Group in the UK is in full swing. It recently took over Northern Foods to reinforce its position as a leading food producer in the British market.
No information is provided about the financial details of these transactions.
END OF PRESS RELEASE
Branderhorst freshfood B.V.
A family business founded in 1985, Branderhorst freshfood specialises in the development, production and packaging of a full range of tasty chicken, turkey and game based convenience products. Branderhorst freshfood has its own modern 5,000 m2 production facility in Sprundel. Its products are seamlessly tailored to consumer trends such as the need for quick, easy and especially very tasty solutions. Branderhorst has built longstanding relationships with each and every party in the chain to achieve this. Branderhorst freshfood employs 70 people.
Esbro B.V.
Poultry slaughterhouse Esbro B.V. in Doetinchem has an outstanding reputation in the poultry industry. Esbro B.V. is a family business run by Joop Eskes. After many years of consultation and negotiation with the municipal and provincial governments, there are now concrete plans for a new slaughterhouse, which will be built in 2012. Sustainability is a key objective at Esbro. The company participates in the “Bewust & Lekker”- project which focuses on the well-being, feed and environment of chickens. Esbro has a staff of 96.
2 Sisters Storteboom B.V.
With eight state-of-the art production plants in the Netherlands and Poland, 2 Sisters Storteboom B.V. has a prominent position in the European market for fresh and frozen chicken products. Continuous innovation and investment in knowledge and technology have resulted in processes for production and processing that meet the highest standards in terms of cost efficiency, hygiene, safety and quality. Always in dialogue with the customer, 2 Sisters Storteboom B.V. is committed to continuously developing its broad and varied product range. Reliable partnershipand long-term collaboration are essential values in our organisation.
The production plants of 2 Sisters Storteboom B.V. comprise three slaughterhouses, two of which are located in the Netherlands and one in Poland, three processing companies for production and processing of fillet products and two further processing companies.
2 Sisters Storteboom B.V. employs over 1.500 people.
2 Sisters Food Group
2 Sisters Food Group was established in 1993 by CEO Ranjit Singh and still remains a privately owned company, supplying retail, food service and manufacturing channels with a range of raw, ready to cook and fully cooked food products.
The company has evolved from a small cutting operation to a world class food manufacturer. The group employs almost 16,000 dedicated people and its annual turnover is around £2 billion.
Contact:
[FOR UK PRESS] Andrew Hanson, Head of Communications, +44 (0) 7809 595831
[FOR DUTCH PRESS] Martine Onderdijk, Corporate Affairs, +31 (0) 6 30989858
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