Boparan buys Five Star Fish
West Midlands entrepreneur Ranjit Boparan has bought Grimsby’s Five Star Fish (FSF) out of administration. The sale includes the transfer of FSF’s manufacturing facilities at Great Grimsby Business Park, Grimsby. Under the sale agreement, the employment of the entire FSF workforce will transfer to the purchaser, safeguarding the jobs of 332 employees. Matt Smith, joint administrator and partner in the reorganisation services practice at Deloitte, said: “Five Star Fish is a strong, profitable business, and the sale is sure to be welcomed by the stakeholders of FSF, both locally and globally, who are eager to see the FSF business survive.” The Boparan Group of companies includes 2 Sisters Food Group, an international processor of chicken products with facilities in the UK, Netherlands and the USA supplying most of the leading UK supermarkets.
