UK-based United Biscuits (UB) may have attracted bidders from Asia and major companies like Kraft and PepsiCo amid rumours the company has split its operations into a snacks and biscuit division, according to an analyst.
Snacks giant United Biscuits has announced plans to use inland waterway shipping to transport goods in Northern Europe in a move it says will save 31% on CO2 compared to road transport and eventually help it cut costs.
United Biscuits’ (UB) is aiming to increase the number of its suppliers signed up to the Supplier Ethical Data Exchange (Sedex) system to 80 per cent by the end of 2011, the firm said in its recent sustainability report.
United Biscuits (UB) has announced plans to shed around 85 jobs at its McVitie's biscuit factory in Glasgow, and has begun a consultation with staff and unions in a bid to ensure voluntary rather than compulsory redundancies.
In a move that has caught market analysts by surprise, UK based snack and biscuit maker, United Biscuits, is reportedly close to a deal with leading Chinese food group Bright Food in terms of a buy out.
The snacks and biscuits division of UK manufacturer United Biscuits could be parcelled out to different buyers, according to a research firm's analysis of the market following media reports the company is to be sold by its private equity owners.