The owner of the FishWorks and Harry Ramsden’s restaurant chains has acquired a seafood supply business called Five Star Fish.
The group has annual sales of about £65m and employs 330 people, with customers including Iceland and Morrison’s as well as a number of pubs and restaurants.
The purchase by the Boparan Group comes hot on the heels of the acquisition of Harry Ramsden’s from SSP, a deal concluded in January.
Although Five Star Fish is said to be profitable, it was recently placed into administration as part of the British Seafood Group, a process handled by Deloitte, the professional services firm.
Ranjit Boparan said: “We’re delighted to have bought this fantastic business. It’s a brilliant innovative company with a terrific team of people who’ve skilfully guided the business to its present heights and we’re going to do everything we can to help continue to build bad expand upon that success.”
The Boparan Group controls the 2 Sisters Food Group, a food supplier to Tesco.
Boparan rescued four of the 10 Fishworks site from administration just over a year ago. It plans to significantly expand both it and the Ramsden’s chains.