Ratings agency Moody’s has put UK biscuit manufacturer United Biscuits under review following concern over its acquisition of the Jacob’s operation in Britain and Ireland from French food giant Danone.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


It has placed the ratings of United Biscuits Finance and its units under review for possible downgrade, reports Business World.


The acquisition, which was announced on Friday, is expected to be funded through bank debt.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now