United Biscuits, the UK's largest biscuit maker, has set out how it believes the sector in the country can grow sales by GBP500m by 2020. Af...
Yildiz Holding is restructuring its confectionery and biscuit businesses, uniting the likes of United Biscuits, Ülker and Godiva under a sin...
Diamond Foods side-stepped market talk it has put itself up for sale and even suggested it would be open to broadening its own portfolio during a conference call with analysts this week. However, this does not mean the US snacks group's management is closed to the idea of the company shopping itself. Katy Askew takes a look at the possibility of a deal and who could be interested in a punt for the Kettle Chips maker.
Yildiz Holding today (3 November) announced it had won the race to buy UK-based biscuit maker United Biscuits. In doing so, the privately-owned Turkish food group has moved once more to buy a major Western food brand.
"There is no quick fix in this business," Kellogg CEO John Bryant conceded last week after reporting another challenging quarter for the US group's breakfast cereal business. However, with sales still under pressure, analysts are asking why Kellogg should be investing more in cereal than it is in snacks.
Blackstone Group and PAI Partners are progressing with plans to offload UK Jacob's-to-McVitie's manufacturer United Biscuits. The question on everyone's lips is whether the business will be floated or sold. Katy Askew reports.
While speculation over the future ownership of United Biscuits intensifies, the UK snack maker is making strides beyond its domestic market, with a significant proportion of its growth coming from developing economies – Africa, the Middle East, India and China in particular. Jeff van der Eems, chief executive of UB's international business, speaks to Andrew Don about the company's international ambitions.
United Biscuits has embarked on a strategy it believes will grow UK biscuit sales over the next three years. The company is unifying its offering under two "master brands" - McVitie's and Jacob's - as well as stepping up investments in production and marketing. Jon Eggleton, MD for United Biscuits' UK business, spoke to just-food about the group's domestic expansion drive.
United Biscuits, the leading biscuit producer in the UK, has set out its vision for growing the biscuits category over the coming five years.
Jeff van der Eems, the CEO of United Biscuits is to leave the McVitie's maker, Yildiz Holding, the UK group's Turkish parent, has announced.
United Biscuits is expanding its McVitie's brand with the launch of a range of McVitie's Teacakes in two flavours.
United Biscuits is continuing its new-product rollout offensive with its third UK launch in under a week.
Yildiz Holding-owned United Biscuits is launching McVitie's Digestive Nibbles in what the company described as its "biggest NPD" for 2016.
United Biscuits has relaunched UK chocolate biscuit bar brand Trio in its domestic market.
Godiva and McVitie's owner Yildiz Holdings has decided to bring its snacks brands under one unit in a bid to drive growth internationally. Unilever's CEO, Paul Polman, sounded a note of caution about trading conditions in 2016. And sugar was once again in the headlines, driving policy agendas in Europe.
Turkish conglomerate Yildiz Holding is bringing its global chocolate and biscuit businesses – including Godiva, DeMet's, Ulker and United Biscuits - together in a single umbrella subsidiary, called Pladis.
United Biscuits today (20 November) forecast a 50% rise in its exports from the UK by 2020.
Danish family-owned baker Givesco Bakery this week acquired Sweden's Almondy, a move it says will broaden its presence across Europe. Danone became the latest food major to outline commitments on emissions and Maggi noodles returned to shelves in India.
This week, Orkla pledged zero-deforestation by 2020. Elsewhere, United Biscuits opened its first e-commerce store in China. just-food spoke to CEO of American Halal Co., Adnan Durrani following the firm's recent acquisition in the plant-protein space and Givesco Bakery acquired cake maker Almondy. Here is the week in quotes.
United Biscuits has opened its flagship e-commerce store in China on Alibaba Group's Tmall Global platform.
Yildiz Holding has promoted CFO Dr Cem Karakas to executive deputy chairman, a position the Turkey-based food giant described as "the top professional position within the group".
Japanese food manufacturer Meiji Holdings has announced the relaunch of McVitie's biscuits in the country.
French retailer E.Leclerc is to contest a decision by the Paris Appeal Court ordering it to reimburse EUR61.3m to 48 of its suppliers.
United Biscuits has announced the launch of Jacob's Cracker Crisps in the UK, bolstering its range of savoury bagged snacks in the country.
United Biscuits has announced the launch of two products as part of a relaunch of its McVitie's breakfast biscuit range in the UK.
Yildiz Holdings has applied to the Turkish Capital Markets Board to list 45% of its dairy unit, AK Gida.
United Biscuits CEO Martin Glenn is to leave the McVitie's maker to become CEO of the English Football Association.
A week of some small but notable M&A transactions included Hain Celestial's purchase of US fresh food group Empire Kosher Foods and the race for Egypt's Arab Dairy being won by investment fund Pioneers Holding. Elsewhere, our latest management briefing included a look at how packaged food groups in the US could tap into the country's food service channel.
In the first of the week's big deals, Post announced the acquisition of MOM brands, a fellow US breakfast cereal manufacturer. Post said the buy would cement its position as the third-largest cereal maker in the US.
Turkey's Yildiz Holding has confirmed plans to list its local dairy subsidiary, AK Gida.
That politicians are selective with the truth is pretty much a given. But it did make this pundit chuckle to hear UK Chancellor George Osborne describe United Biscuits as a "great British company"... Er, yes... one that is owned by Turkish multinational Yildiz Holding.
Yildiz Holding reportedly wants its snacks business to overtake Kellogg and become the world's second-largest snack manufacturer.
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