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Intersnack

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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.

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Private-equity firm Langholm Capital was this week reported to have put UK crisp group Tyrrells on the market. Langholm has declined to comment on the reports but the investment firm are said to have put a GBP100m (US$151.9m) price tag on the company.

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The private-equity owners of Burton's Biscuit Co. are "considering options" for the UK's second-largest biscuit maker, a process that could lead to an eventual sale. Katy Askew takes a look at the players for whom an acquisition of Burton's could hit the sweet spot.

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There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. However, a look at just-food's M&A coverage this year shows there have been few big-ticket, transformational deals.

KP Snacks, the UK arm of Germany's Intersnack, is focused on growing its share of the country's snack sector through a strategy focusing on the strength of its core brands, its retail customers and on growth areas of the market. Katy Askew spoke to Andy Riddle, sales director at KP Snacks, to find out more about how the group hopes to expand. 

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Intersnack announced this morning (5 December) that it has reached an agreement to purchase the snacks arm of United Biscuits, KP Snacks. The news ended months of speculation over who would acquire the unit after it was put on the block by its private-equity owners, Blackstone and PAI Partners. Intersnack international marketing director Bernd ter Glane spoke to Katy Askew about the German company's plans for the group.

Muller CFO Henrik Bauwens is to leave the German dairy giant and join Intersnack, the German group behind brands including McCoy's.

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KP Snacks, the UK arm of Intersnack, is targeting the better-for-you food consumer with the launch of a baked version of its Hula Hoops snack.

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KP Snacks, the UK arm of Intersnack, is expanding the Hula Hoops brand with the launch of Hula Hoops Puft.

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Intersnack's UK arm KP Snacks has confirmed it is to close its Consett plant in 2015, a move that is set to see more than 100 jobs go.

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Philippines conglomerate San Miguel Corp. and Saudi food group Savola are reportedly considering making moves for United Biscuits.

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Up to 186 jobs are at risk at Hula Hoops and Skips owner KP Snacks after the UK company firm announced plans to close two sites in Consett and Corby.

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Kellogg has declined to comment on reports that it is preparing a GBP2bn (US$3.4bn) bid for UK McVitie's-to-Jacob's biscuit maker United Biscuits.

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KP Snacks, the UK arm of German snack group Intersnack, is launching an "American-style" line for its McCoy's brand.

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Confectioners have gathered from all over the world to attend sector-specific trade show ISM in Cologne this week. Many companies are showcasing some of their most recent innovations, providing an indication of the latest trends in global confectionery markets. Here is a selection of some NPD that caught our eye.

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The private-equity owners of United Biscuits are not preparing for an imminent sale of the UK biscuit group, industry sources have indicated.

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Unilever CEO Paul Polman last week met analysts to explain how the consumer goods giant is changing its business amid slowing sales, moves that are set to include 2,000 jobs being cut.

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Intersnack, the owner of KP Snacks, plans to consolidate its UK nut processing and packing to remove over-capacity from its network and to lower fixed costs.

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Plum Organics this week joined Happy Family and Ella's Kitchen as three organic baby food brands set to have new, multinational owners. Campbell Soup Co. is to buy Plum, joining Danone and Hain Celestial as three food majors that have looked to invest in the growing category in just a month.

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Langholm Capital, the owner of UK crisp group Tyrrells, has declined to comment on reports it has put the company up for sale.

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United Biscuits has appointed former Iglo Group chief executive Martin Glenn as its CEO.

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UK snack maker All Good hopes to develop a premium market for tortilla chips in the country through the expansion of its high-end brand Manomasa.

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United Biscuits, which last week agreed the sale of the bulk of its salty snacks, has set out the new products it will add to its biscuits portfolio in 2013.

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The week's two major stories broke within hours of each other on Wednesday - Tesco admitted it was "likely" to leave the US and Germany's Intersnack snapped up United Biscuits' salty snacks business. Elsewhere, ex-Tesco CEO Terry Leahy led a private-equity buy-out of UK discounter B&M Retail and Canada's Saputo agreed to buy Dean Foods' Morningstar arm. Meanwhile, Singapore agribusiness giant Olam International found its finances under scrutiny and we interviewed the head of Nestle's operations in equatorial Africa.

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Tesco's decision to potentially exit the US market shared the headlines with Intersnack's acquisition of United Biscuit's salty snacks unit. just-food spoke with Intersnack's MD Bernd ter Glane about the deal. Elsewhere, just-food spoke with FrieslandCampina's boss Cees Ruijgrok and the chief executive of Nestle's operations in equatorial Africa, Ian Donald.

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Intersnack has reached a deal to acquire the snack unit of United Biscuits for an undisclosed sum.

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German savoury snacks giant Intersnack is understood to be close to signing a deal to acquire the salty snacks business of United Biscuits.

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The owners of United Biscuits will reportedly start the process to sell the UK firm's salty snacks business after the summer period.