More than £20.2bn was exchanged in food and drink business mergers and acquisitions (M&As) in 2014, according to figures from Catalyst Corporate Finance (CCF).
Yildiz Holding's acquisition of UK United Biscuits makes it the world's third largest biscuit player, but now it will have to work hard to find its 'power brand' answer to Mondelēz's Oreos, according to a Mintel analyst.
United Biscuits will take its core savory snack lines on a UK depot tour to engage with retailers on how best to stock and display products in impulse channels.
United Biscuits joint owners Blackstone and PAI partners have refused to comment on speculation that they are preparing the company for a public flotation.
Burton’s Biscuit Company wants to re-establish market leadership in savory snacks with a modern twist on its 1980s Fish ‘n’ Chips brand, the company's marketing head says.
Burton’s Biscuits’ new owners may need to look at mergers and acquisition to grow in an increasingly competitive biscuit market, according to an analyst from Mintel.
European Intersnack Group has snapped up United Biscuits’ KP Snacks for an undisclosed sum in a move that will enable the UK firm to 'dedicate focus' to its biscuits business, United Biscuits said.
Players looking to capitalise on the growing African market may move for parts of United Biscuits (UB) following speculation of a split ahead of a £500m sale.
Concerns over health have benefited the healthier sweet biscuits segment, according to new research by Mintel, as the industry seeks to improve its health credentials by reducing saturated fat levels and calorie content.
As the crusade against saturated fats gains pace, UK snack and biscuit manufacturer United Biscuits has achieved gains in product formulations for a range of its popular biscuit brands.
PepsiCo, Proctor & Gamble and United biscuits top the list of
most successful snack companies, thanks to strong sales of popular
favourites combined with innovation in the health and premium
sectors, according to Euromonitor.
Despite a tough trading environment and serious fire damage to a
processing plant, British snack firm United Biscuits has delivered
a sizeable full-year profit rise of 25 per cent.
Ending months of speculation, the food ingredients arm of Chr
Hansen has a new owner: not a fellow industry player but food
acquisitive private equity firm PAI partners, reports Lindsey
Partos.
UB has announced plans to close its biscuit production site at
Ashby de la Zouch in the English Midlands at the end of next year
as part of its ongoing plan of restructuring its now profitable UK
biscuit operation.
The largest US food company Kraft Foods has approached the
consortium of shareholders that owns Britain's United Biscuits with
a buy-out plan, according to British paper The Business.
