2 Sisters Food Group has announced plans to buy Dutch poultry processor Storteboom Group.
The deal would enable 2 Sisters to increase its market share and to become the 'best in class' business within the European poultry industry, according to the company.
Chief executive Ranjit Singh said the acquisition marked the next step of the group's strategy to base growth on long-term partnerships.
"The Storteboom Group and 2 Sisters' existing Dutch business are complementary, providing an established platform to support expansion in Central Europe,” he said.
The deal, which is subject to regulatory clearance, comes after 2 Sisters' parent company, The Boparan Group, bought Five Star Fish earlier this month and Harry Ramsden's in January.
2 Sisters has annual sales of around £750m.
Jobs saved as Boparan buys Five Star Fish (10 April 2010)
Harry Ramsden’s eyes expansion after Boparan buy-out (21 January 2010)
2 Sisters set to axe 95 at chicken plant (7 August 2009)