UNITED KINGDOM, Birmingham. 2 Sisters Food Group announced a series of actions as part of its accelerating transformational strategy to turnaround the business.
The company is making further investments in its UK Poultry and Fox’s Biscuits businesses, and is proposing to reduce the number of its UK Poultry sites in order to produce shorter, more efficient supply chains delivering quality products and high service levels and become more competitive against its peer group.
As part of an on-going review of the company’s loss-making sites, the company is proposing the potential closure of its UK Poultry business’ Witham processing site in Essex. Consultation has started and will explore all possibilities including redeploying Witham colleagues to other sites in the wider Group.
In addition, the new leadership team announced the business has secured new, longer term, customer commitments at its Gunstones bakery site in Dronfield, giving a strong platform on which to build a sustainable future.
2 Sisters’ continuing commitment to realising the value of its businesses outside its poultry and meals businesses has brought about a further wave of media speculation and rumour in recent weeks.