Ranjit Boparan invests £5m to acquire large stake in butchers group
Food industry entrepreneur Ranjit Boparan is set to invest more than £5m to become a significant stakeholder in a Yorkshire-based butchers group.
The 2 Sisters Food Group owner is investing £5.1m for a 29.9% stake in Rotherham-based Crawshaw, with a warrant to acquire a further 20.1% of the group.
He is also set to become an advisor to the AIM-listed Crawshaw board.
Also joining the business is experienced business leader Jim McCarthy; the former chief executive of Black Country-based single price retailer Poundland.
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