Yildiz Holding today (3 November) announced it had won the race to buy UK-based biscuit maker United Biscuits. In doing so, the privately-ow...
"There is no quick fix in this business," Kellogg CEO John Bryant conceded last week after reporting another challenging quarter for the US...
| 5 Sep 2014
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.
| 6 Mar 2014
Online sales in the UK are on the rise as consumers increasingly shop for their groceries over the internet. Online sales represent a key growth area the country's largest retailers are vying to exploit. In the UK - the birthplace of private label - online expansion is good news for the manufacturers of leading food brands, Katy Askew suggests.
| 4 Feb 2014
Much media attention has focused on whether the private-equity owners of United Biscuits are preparing to sell off the UK biscuit maker. However, Katy Askew suggests, a sale is unlikely to be on the agenda in the near term.
| 21 Nov 2013
United Biscuits has signed a deal to acquire a majority stake in Saudi snacks business Rana Confectionery Products. The deal, the UK snacks firm says, will allow it to grow and establish a strong position in Saudi Arabia but also the wider Middle East region with its brand portfolio. Michelle Russell reports.
| 7 Aug 2014
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.
| 3 Feb 2014
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.
| 6 Jul 2015
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.
| 14 May 2015
United Biscuits has announced the launch of Jacob's Cracker Crisps in the UK, bolstering its range of savoury bagged snacks in the country.
| 13 May 2015
United Biscuits has announced the launch of two products as part of a relaunch of its McVitie's breakfast biscuit range in the UK.
| 16 Mar 2015
Yildiz Holdings has applied to the Turkish Capital Markets Board to list 45% of its dairy unit, AK Gida.
| 6 Mar 2015
United Biscuits CEO Martin Glenn is to leave the McVitie's maker to become CEO of the English Football Association.
| 6 Mar 2015
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.
| 30 Jan 2015
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.
| 27 Jan 2015
Turkey's Yildiz Holding has confirmed plans to list its local dairy subsidiary, AK Gida.
| 8 Jan 2015
United Biscuits has launched DeliChoc biscuit brand, on sale in France and Belgium, in the UK.
| 18 Dec 2014
Our interviews with senior United Biscuits executives - in the year the company's owners agreed to sell the UK snack maker to Turkey's Yildiz Holding - featured highly on the list of 2014's most-clicked interviews on just-food. Interviews with the CEOs of the UK's Premier Foods and Canada's Agropur, as well as the CFOs of Arla Foods and Brazil's BRF were also popular as we continued to gain access to some of the industry's leading lights.
| 15 Dec 2014
The takeover battles for Chiquita Brands International and for Hillshire Brands were among the stories that grabbed your interest in 2014.
| 28 Nov 2014
United Biscuits is to axe jobs at its McVitie's plant in Glasgow, the company confirmed today (28 November) as the snacks group makes "major changes" at the site.
| 21 Nov 2014
This week, we published interviews with senior executives from Brazilian food giant BRF as it embarks on international expansion. Elsewhere, staff at United Biscuits' Aintree factory in Liverpool pushed forward with strike action and Finnish group Raisio secured control of Benecol in the UK, Ireland and Belgium.
| 20 Nov 2014
Workers at a United Biscuits plant in the UK are to take industrial action - with the first stoppage on Sunday - amid what union officials called a "management culture of disrespect and bullying".
| 14 Nov 2014
This week, Unilever filed a lawsuit against egg-free "mayo" maker Hampton Creek, alleging the US firm's Just-Mayo product is a fraud. In France, a food major was on the receiving end of legal action after French ice cream maker Dagniaux started proceedings against Danone.
| 11 Nov 2014
A threatened staff strike at United Biscuits' facility in Liverpool arising from a dispute over worker terms and conditions has resulted in the UK snacks maker temporarily halting sick pay.
| 7 Nov 2014
This week, Turkey's Yildiz Holding struck a deal - said to be over GBP2bn - to buy United Biscuits and the Turkish group's CEO took to Twitter to hail the agreement. Meanwhile, German dairy giant Muller agreed to buy Dairy Crest's liquid dairy business in the second big deal of the week. Elsewhere, quarterly numbers continued to come in, with Mondelez International lifting its forecast for annual earnings.
| 7 Nov 2014
United Biscuits is set for a new owner - Turkey's Yildiz Holding. The UK-based snacks maker announced this week brands including McVitie's and BN would join Godiva chocolate in the Yildiz portfolio. The M&A spotlight was firmly on the UK last week, with German giant Müller striking a deal to buy Dairy Crest's liquid milk assets - competition approval pending.
| 7 Nov 2014
Higher sales and lower tax expenses have lifted net profit levels at Turkish biscuit maker Ulker Biskuvi despite a fall in operating income in the first nine months of the year.
| 3 Nov 2014
United Biscuits' private-equity owners, Blackstone Group and PAI Partners, have agreed to sell the UK biscuit maker to Turkey's Yildiz Holding, the owner of chocolate brand Godiva.
| 21 Oct 2014
United Biscuits, with owners weighing up whether to float or sell the business, has named Thomas Cook chair Frank Meysman as chairman of the UK biscuit manufacturer.
| 7 Oct 2014
Good morning from a busy - and an ever-busier - Park Plaza Westminster Bridge hotel, just across the Thames from Parliament, where this year's IGD Convention is taking place. just-food will post live updates here throughout the day, with the latest news and views from the event.
| 19 Mar 2015
Yildiz Holding reportedly wants its snacks business to overtake Kellogg and become the world's second-largest snack manufacturer.
| 10 Oct 2014
If Burton's Biscuit Co. is successful in its bid to take control of peer United Biscuits, the UK biscuit maker could return the Cadbury brand to Mondelez International in a bid to settle competition concerns.
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