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United Biscuits (UB) is a British multinational food manufacturer, makers of McVitie's biscuits, Jacob's Cream Crackers, and Twiglets. The company was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index .
In 1995, United Biscuits announced plans to spin off the snack chip business, [20] but ended up selling the entire company to a partnership between Flowers Industries and Artal Luxembourg, a private equity firm. [21] Artal Luxembourg sold its holdings in Keebler in an IPO in 1998. [22] The Keebler Company purchased Sunshine Biscuits in 1996. [23]
Between the late 1980s and early 1990s, Phileas Fogg snacks achieved a turnover of more than £30 million. In 1993, the brand was purchased by United Biscuits for £24 million. [3] [2] The four founders left after the sale [2] while United Biscuits made significant changes to the packaging and identity, precipitating a decline in popularity.
Campbell Soup Co. may make a £1.5 billion ($2.3 billion) bid for the biscuit-making unit of British company United Biscuits.Campbell is interested in the biscuit business, which makes up around ...
Without resolution of the dispute between United Biscuits (UK) and Fruitfield (Ireland) over the use of the Jacob's brand, the Irish company resumed production of the Club Milk bar. It returned to the original pattern of two biscuits joined by cocoa cream, and a thick covering of milk chocolate. Plain and wafer versions have also been produced.
Nabisco became a leading shareholder in United Biscuits (the position that inherited by Kraft Foods until 2006). The Altria Group (formerly Philip Morris) [33] acquired Nabisco (sans Bubble Yum which was sold to Hershey) in 2000 for about $19.2 billion. Philip Morris then combined Nabisco with Kraft. [34]
United Biscuits purchased French confectionery company Chocometz for £5.5 million in 1990 and added it to the Terry's Group, while also agreeing a distribution deal for Marabou's Daim bar in the UK. [35] In 1992, United Biscuits purchased 74% of Italian confectionery business Aura which was merged into Terry's Group. [36]
The Red Lobster biscuits were the only ones to come in a box, and its recipe yielded six to 10 biscuits. The other types, which were all canned, each contained eight. The other types, which were ...