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ST: Food producer has fastest growing global sales

10 July 2012

2 Sisters Food Group has been named as the UK manufacturer with the fastest growing overseas sales in the Sunday Times International Track 200.

Placed overall at 18, 2 Sisters Food Group had annual sales growth of 116%, and was founded in 1993. It has 35 manufacturing sites in the UK and Ireland, six in Holland and one in Poland.

''Ranjit Boparan founded 2 Sisters in 1993 and has built it into a leading supplier of chilled and frozen food as well as poultry and bakery products,'' says the ST Fast Track. ''Its customers include Tesco and British Airways, and last year it bought Northern Foods for £342m, owners of the Fox's biscuits and Goodfella's pizza brands.''

It also bought a chilled food and bakery business from Premier Foods for £30m. International sales rose 116% a year from £64.5m in 2009 to £302.1m in 2011, and after the group's acquisition of Northern Foods, its total sales exceed £2.1 billion.

The next food company in the Top 50 was abattoir operator Pickstock Ashby at 36. The Derbyshire-based company is a family-run abattoir that trades only in beef. Every year it slaughters 60,000 cows for export, procuring them from local farmers and livestock markets.

The business was founded in 2003 by Greg Pickstock and his brothers Andrew and Rowland, and its main expert markets include mainland Europe, south and west Africa, Vietnam, Hong Kong and China. ''Thanks to competitive pricing and firm overseas demand,'' the ST Fast Track says, ''international sales grew 75% a year, from £12.1m in 2009 to £37m in 2011.''

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