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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 September 2004 United Biscuits bought what was by then known as the Jacob's Biscuit Group for £240 million from Groupe Danone. [ 11 ] In 2017, the Peek Frean trademark was acquired by the great-great-grandson of Francis Hedley-Peek, the first Chairman of Peek Frean and the nephew of founder James Peek.
By 1915, the factory was producing 200,000 biscuits per day! World War I squeezed the business. In 1917, rusk and cookie sales were $100,000, but profits were a meager $718.
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]
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 ...
It became part of Cavenham Foods in 1964 until 1972, when it was sold to United Biscuits group, along with Cavenham's other biscuit brands Wright's Biscuits and Kemps for $10 million. [ 3 ] [ 6 ] [ 7 ] United Biscuits was sold by its private equity owners to the Turkish-based multinational Yıldız Holding in 2014; in 2016, all UB brands ...
At the age of 16, the Grand Rapids native got his break in snacks washing trucks for Hekman Biscuit Company, which was later acquired by Keebler and then folded into the United Biscuit Company.
Under United Biscuits McVitie's held a Royal Warrant from Queen Elizabeth II. The best-selling biscuit manufacturer in the United Kingdom, McVitie's produces Jaffa Cakes and popular biscuits such as chocolate digestives, Hobnobs, and Rich tea. In 2020, sales of McVitie's biscuits in the UK were more than five times the next two competitors. [4]