Kroll’s Investment Banking Team Advised the Shareholders of Heidemark on Its Proposed Sale to Boparan Private Office / Storteboom Food Group

In February 2026, Germany-based Heidemark GmbH (“Heidemark“), one of the leading largely integrated poultry producers in Europe with end-to-end control across breeding, rearing, processing and distribution, signed documentation for the sale to Boparan Private Office. It will be integrated into the Storteboom Food Group (“Storteboom”) but continue under its own brand.

The transaction is still subject to the approval of competition authorities.

Kroll served as the exclusive M&A advisor to the shareholders of Heidemark in connection with the transaction.

“We are pleased that we have found a buyer in Ranjit Boparan who will continue to run Heidemark with entrepreneurial spirit. It was very important to us that all employees will keep their jobs and that management will remain on board. The new owner’s plans for Heidemark’s future development have also convinced us, the Kalvelage family, very much. The name Heidemark will continue to stand for good corporate governance and excellent products in Germany.” said Christopher Kalvelage, current owner of Heidemark.

Heidemark CEO Andres Ruff, who will continue at the helm of Heidemark, navigating the firm through its next phase of growth, commented: “With our expertise in turkeys and our overall strategy in poultry, this acquisition forms an excellent basis for organic growth in continental Europe. Together we want to develop further the poultry business. The businesses truly complement each other and the current locations of Heidemark will be retained whilst we are also planning further investments.”

Commenting on the deal, Ranjit Boparan said: “The business fits perfectly into our wider group ‘Next Gen’ strategy as we look to develop our manufacturing facilities to deliver enhanced automation, innovation, productivity and Net Zero sustainability. We have huge respect for the Heidemark business and believe there is much we can learn from each other in the years ahead.”

Adding to the above, Veli Moluluo, CEO of Storteboom Food Group said: “Heidemark’s expertise in poultry supports our plans on a broader European level. The acquisition is part of a long-term European strategy that is geared towards sustainable capacity growth, the expansion of product innovation and the strengthening of transparent supply chains.”

Jan-Hendrik Roever, Managing Director at Kroll, commented: “The sale of Heidemark to Boparan Private Office and Storteboom Food Group represents not only an important milestone for the two groups, but also a landmark transaction in the European poultry sector. I would like to extend my appreciation to everyone who contributed to making this deal possible, with particular thanks to the Heidemark shareholders and the Heidemark team as well as the advisor teams from EY, RSM Ebner Stolz, Treuhand Weser-Ems, Skadden, and onto partners for their excellent support on the sell-side throughout the process”.

 

About Heidemark

The Heidemark Group, based in Ahlhorn, Germany, is one of the leading largely integrated poultry producers in Europe with end-to-end control across breeding, rearing, processing, and distribution. The comprehensive product portfolio includes fresh and processed meat products spanning fresh cuts, refined fresh meats, and processed foods. Heidemark is a family-owned business now in its third generation. Over the past two years, through new strategic initiatives and targeted acquisitions, the company has evolved from a leading producer and supplier of turkey meat into a broadly positioned poultry specialist.

The group employs over 2,300 people across five sites and currently generates revenues of approximately EUR 760 million.

 

About Boparan Private Office

Boparan Private Office (BPO), based in Birmingham, United Kingdom, is a family‑owned diversified conglomerate. The business is structured into four divisions: Amber (agriculture & real estate), UK Manufacturing (chicken, turkey, bakery, pies, biscuits), Restaurants (Slim Chickens, Carl’s Jr, Cinnamon Club & others), and Storteboom Food Group Europe (chicken, turkey).

Separately, the shareholders own Boparan Holding Limited (BHL), which includes 2 Sisters Food Group and UK Poultry and Meal Solutions.

Overall, the group is one of the leading food producers in the United Kingdom, generating revenues of more than EUR 5 billion and employing 25,000 people.

 

About Storteboom Food Group

Storteboom Food Group, headquartered in Zeewolde, the Netherlands, produces chicken and turkey products under both branded and private‑label ranges, with a strong focus on the European market. Around 3,500 employees process approximately 4.3 million chickens per week across nine production sites, generating annual revenues of more than EUR 1.2 billion.

The group’s slaughtering, cutting, and processing facilities are located in the Netherlands, Poland, the Republic of Ireland, and, following the acquisition of Heidemark, also in Germany.

Storteboom Food Group offers its customers high supply security and product availability, including products from higher animal‑welfare categories.