Why might have Ferrero reached into tin for Fox’s Biscuits?
In buying a clutch of Fox's Biscuits assets, Ferrero has bought a tired brand in a mature category. Might the Italian giant's move be for another reason?
Boparan Holdings
2 Sisters sells clutch of Fox’s Biscuits assets to Ferrero
UK manufacturer 2 Sisters Food Group this morning (7 October) announced the sale of part of its Fox's Biscuits business to Italian sweet-snacks giant Ferrero.
Ferrero ‘eyeing move for UK biscuit maker Fox’s’
The Italy-based confectionery giant, home to brands including Kinder and Nutella, is reported to be working on a possible bid for a UK biscuits business.
New products – Nestle enters alternative seafood category; Green Giant breadsticks from B&G Foods; Country Archer’s Zero Sugar Jerky; Unilever’s Hellmann’s brand rolls out coleslaw
This week's batch of new products includes Nestle's move into seafood alternatives and a new category for Premier Foods.
2 Sisters installs former Co-op boss Richard Pennycook as new chairman
2 Sisters Food Group has installed the former boss of The Co-op supermarket chain as chairman of the UK poultry business.
2 Sisters owner ‘returns to poultry operations as sale talk around Fox’s Biscuits builds’
Ranjit Singh Boparan, the owner of 2 Sisters Food Group, has reportedly taken over the UK-based firm's key poultry operations from managing director Andrew McInnes, who has left the business…
Symington’s says CEO John Power left in September, with food veteran David Cox set to take over
UK food company Symington's announced today (30 October) its chief executive John Power departed in September having served in the role for three years, with former Fox's Biscuits director David…
PE firm Qualium in “talks” on Biscuit International
Qualium Investissement is in talks over Biscuit International, the European supplier in which the French private-equity house holds a majority stake, a source close to the situation has confirmed. Earlier this…
Towerbrook Capital ‘plotting acquisitions of two biscuit firms’
UK-based private-equity firm Towerbrook Capital is reportedly eyeing the merger of two biscuit manufacturers - Fox's Biscuits and France-headquartered, European player Biscuit International. Sky News has said Towerbrook is in talks with Biscuit…
2 Sisters confirms Matthew Walker sale plans as another plant closure looms
2 Sisters Food Group confirmed the UK-based poultry processor is conducting a sale of its Matthew Walker Christmas pudding business as chief executive Ronald Kers' turnaround strategy gathers pace. However,…
More than 200 UK jobs at risk as 2 Sisters Food Group reviews Fox’s Biscuits operations
More than 250 jobs are at risk at Fox's Biscuits, the UK firm owned by 2 Sisters Food Group, as the parent company reviews operations at a loss-making facility in…
