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. After hearing how the Yildiz Holding-owned business plans to increase the size of the category, Ben Cooper wonders whether the issue of rising obesity should inform how food manufacturers shape their drive for growth.
Yildiz Holding is restructuring its confectionery and biscuit businesses, uniting the likes of United Biscuits, Ülker and Godiva under a single umbrella subsidiary. The Turkish conglomerate has some ambitious growth targets for the new unit. Katy Askew takes a look at whether it can deliver.
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.