2 Sisters eyeing Bernard Matthews
Press reports claimed 2 Sisters was considering a bid for turkey manufacturer Bernard Matthews, last June.
The Sunday Times claimed 2 Sisters was understood to be interested in acquiring troubled turkey products manufacturer.
But it offered few details on any potential deal in an article published on June 16.
Clive Black, analyst specialising in the food industry at Shore Capital, said a link between the two firms was not unexpected.
“2 Sisters has been acquisitive and it is not surprising to see its name associated with any potential activity albeit it is constrained by its balance sheet to some extent,” he added.
Bernard Matthews said it was “exploring a range of options” to accelerate its existing growth strategy and infrastructure developments.