FDBusiness.com

Tag "biscuits"

Indulgence and Health Polarise the Biscuits Market

    Indulgence and Health Polarise the Biscuits Market

Two opposing forces within the sweet biscuits market are at work globally, according to Innova Market Insights. The treat image of biscuits is driving the premium sector forward, while rising health concerns have also raised interest in better-for-you products.
Chocolate biscuits have been one of the main beneficiaries of rising interest in the treat image of […]

Read Full Article

United Biscuits to be Split Up

    United Biscuits to be Split Up

Private equity firms Blackstone Group and PAI Partners are reported to be considering splitting their United Biscuits business into two elements – one centred on biscuits and the other on bagged snacks. Blackstone and PAI offered the entire business for sale with a price tag of about £2 billion in 2010 but to no avail, […]

Read Full Article

Kraft Foods to Restructure UK Confectionery Operations

    Kraft Foods to Restructure UK Confectionery Operations

Kraft Foods plans to invest £50 million in its UK confectionery manufacturing operations while cutting the workforce by 200 people. The 200 jobs will be shed at Kraft’s sites at Bournville, Birmingham, Chirk in Wrexham, north Wales, and Marlbrook in Herefordshire. The cuts will be made through redeployment and voluntary redundancies over two years from […]

Read Full Article

Burton’s Foods Becomes the Burton’s Biscuit Company

    Burton’s Foods Becomes the Burton’s Biscuit Company

Burton’s Foods, the UK’s second biggest biscuits manufacturer, is rebranding its business and changing its trading name to the Burton’s Biscuit Company. The move is intended to strengthen the company’s market standing.
 
The St Albans-based company, which manufactures biscuits such as Cadbury Biscuits, Jammie Dodgers, Maryland Cookies and Wagon Wheels, operates from production sites at sites […]

Read Full Article

PepsiCo Expands in Brazil

    PepsiCo Expands in Brazil

Reflecting its strategy of expanding in emerging markets, PepsiCo is reported to have acquired Mabel, one of Brazil’s leading biscuit manufacturers, in a deal worth between 800 million and 900 million reals ($460-517 million). PepsiCo is believed to have outbid international food group Bunge and Mexican bread maker Grupo Bimbo to secure Mabel.
 
Mabel operates five […]

Read Full Article

Pobeda to Expand Output

    Pobeda to Expand Output

Pobeda, the leading manufacturer of biscuits and mini cakes in Bulgaria, is to expand output by a third following investment of lev 10 million (Eur5 million) in two new production lines. About 46% of the investment was provided by the European Regional Development Fund. Based at Bourgas, Pobeda had flat sales in 2010 of lev […]

Read Full Article

Kraft Foods to Open Biscuit Factory in Ukraine

    Kraft Foods to Open Biscuit Factory in Ukraine

Kraft Foods is investing $36 million to build a biscuit factory in Ukraine. Based at Trostyanets, in central Ukraine, the new facility is due to commence operations in the fourth quarter of this year.
 
Kraft Foods already has two factories in Ukraine. Its plant at Trostyanets produces chocolate and coffee, while its facility at Stari Petrivtsi […]

Read Full Article

Interim Sales Increase at Lotus Bakeries

    Interim Sales Increase at Lotus Bakeries

Belgium-based biscuits and cakes manufacturer Lotus Bakeries increased consolidated turnover by 5% to Eur133.6m in the first half of 2011. On a like-for-like basis, taking into account the termination of the Jaffa Cake bars contract with McVities, internal growth was over 6%. The recurrent operating result (REBIT) was flat at Eur17.3m. However, lower charges meant […]

Read Full Article

UK Biscuit Market Worth £2.2 Billion

    UK Biscuit Market Worth £2.2 Billion

With sales of biscuits, cookies and crackers having increased 22% over the past five years to reach a delicious £2.2 billion in 2010, Mintel forecasts that the UK biscuit market will grow a further 15% to reach £2.6 billion by 2015.
Mintel estimates the biscuits, cookies and crackers market will grow by 2.7% this year to […]

Read Full Article

EBRD Acquires Stake in Russian Cake Manufacturer

    EBRD Acquires Stake in Russian Cake Manufacturer

The European Bank for Reconstruction and Development has invested Eur10m to acquire a minority stake in Hlebprom, a leading Russian cake and biscuit producer which has developed its own national distribution system. The funding will mainly be used to upgrade the privately-owned company’s existing plants so as to increase efficiency and productivity.
The acquisition by the […]

Read Full Article

Bright Food Group Favourite For Yoplait Stake

    Bright Food Group Favourite For Yoplait Stake

Chinese food conglomerate Bright Food Group is reported to be in pole position in the race to acquire PAI Partners’ 50% stake in Yoplait. Rivals for the shareholding in the French and international yoghurt producer are believed to include Switzerland-based Nestle and General Mills of the US. The other 50% of Yoplait is owned by […]

Read Full Article

New Head at United Biscuits

Benoit Testard, group chief executive of United Biscuits.
United Biscuits, leading European manufacturer of biscuits and snacks, has appointed Benoit Testard as its group chief executive, effective from Monday, 21st February. Formerly, Benoit Testard successfully led the group’s Northern Europe operations and then from 2004 the UK region, which represents 70% of United Biscuits’ business.
Prior to […]

Read Full Article

Burton’s Foods to Rationalise Biscuit Production

    Burton’s Foods to Rationalise Biscuit Production

Burton’s Foods, the second largest biscuits manufacturer in the UK, is to close one of its factories. The company is closing its factory at Moreton, which makes Jammie Dodgers and Wagon Wheels, with the loss of 342 jobs. A further 70 redundancies are proposed at the company’s factory in Llantarnam in South Wales.
“The proposed job […]

Read Full Article

United Biscuits Sale Talks End

    United Biscuits Sale Talks End

The exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, between its owners and Chinese food conglomerate Bright Food Group are reported to have ended with no formal offer forthcoming. The co-owners of United Biscuits, private equity firms Blackstone Group and PAI Partners, have now opened talks with other potential […]

Read Full Article

Northern Foods and Greencore to Create £1.7 Billion Convenience Foods Giant

    Northern Foods and Greencore to Create £1.7 Billion Convenience Foods Giant

Northern Foods and Greencore, two of the UK’s leading convenience food processors, are to merge to create Essenta Foods, a £1.7b turnover business with strong positions in private label production along with significant band strength in biscuits and frozen pizzas, respectively through the Fox’s and Goodfella’s brands. The merger is expected to yield cost synergies […]

Read Full Article

United Biscuits Sale Talks Close to Collapse

    United Biscuits Sale Talks Close to Collapse

The exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, between its owners and Chinese food conglomerate Bright Food Group are reported to have stalled over the asking price of around £2b. United Biscuits was put up for sale earlier this year by its private equity owners Blackstone Group and […]

Read Full Article

Kraft Foods Opens $14 Million Sugar Confectionery R&D Centre in Europe

    Kraft Foods Opens $14 Million Sugar Confectionery R&D Centre in Europe

Kraft Foods has opened a European Gum and Candy Research & Development Centre at Eysins in Switzerland. The $14m state-of-the-art facility will focus on innovation and new product development for many of Kraft Foods’ confectionery brands, including the world’s leading gum brand Trident and the world’s leading candy brand Halls, as well as other brands […]

Read Full Article

Lotus Bakeries to Invest Eur27m to Expand Belgian Production Capacity

Due to rising export sales of its biscuits and cakes in France, Netherlands, UK, US and Asia, Lotus Bakeries is investing Eur27m to expand production capacity at its Belgian operations over the next three years. The group’s site at Lembeke will be extended and all caramelized biscuit production will be centred there. Lotus will also […]

Read Full Article

Chinese Food Group Eyes United Biscuits

    Chinese Food Group Eyes United Biscuits

Chinese food conglomerate Bright Food Group is reported to be holding exclusive talks to acquire United Biscuits, the British and international biscuits and snacks manufacturer, for more than £2b. Private equity owners Blackstone Group and PAI Partners put United Biscuits up for sale earlier this year.
United Biscuits is one of the world’s leading branded biscuits […]

Read Full Article

Cadbury Helps Kraft to Hit Sweet Spot

    Cadbury Helps Kraft to Hit Sweet Spot

Kraft Foods has just outlined its new global development strategy and expects to deliver organic revenue growth of 5% or more, margins in the mid- to high-teens and earnings per share (EPS) growth of 9% to 11%. Following its $18.4b acquisition of Cadbury earlier this year, Kraft Foods became the undisputed world leader in snacks, […]

Read Full Article

Grupo Siro Opens €6m R&D Centre

Spanish food group Grupo Siro has opened a new Eur6m research and development facility at El Espinar in northern Spain. The 3,000 sq m facility, which will house a team of 30 researchers, will focus on new product development. It will also undertake contracts for other food manufacturers. Grupo Siro operates across five food categories […]

Read Full Article

Mixed Interim Results at Lotus Bakeries

Belgium-based biscuits and cakes manufacturer Lotus Bakeries increased current operating profit by 8.8% to Eur17.5m in the first half of 2010 as consolidated turnover edged up 1% to Eur127.2m. On a like-for-like basis, taking into account the termination of the Jaffa Cake bars contract with McVities, turnover for the first half of 2010 was up […]

Read Full Article

Campbell Considering Bid For United Biscuits

  Campbell Considering Bid For United Biscuits

US-based Campbell, the world’s largest soup company, is reported to be preparing a £1.5b break-up bid for United Biscuits, the British and international biscuits and snacks manufacturer. Campbell’s interest is in the biscuits part of United Biscuits, which includes the McVitie’s, Penguin, Jaffa Cakes and HobNobs brands. United Biscuits is also a major snacks manufacturer […]

Read Full Article

United Biscuits Offered For Sale

  United Biscuits Offered For Sale

Private equity firms Blackstone Group and PAI Partners are reported to be seeking to sell British and international biscuits and snacks manufacturer United Biscuits for £2b or more. In 2009, United Biscuits increased EBITDA by 13.7% to £223.4m on turnover up 5% to £1.26b.
United Biscuits is one of the world’s leading branded biscuits and snacks […]

Read Full Article

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

Jobs: Food Packaging

Jobs: New Product Development

Jobs: Finance

Jobs: Project Management

Jobs: Logistics

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements