Kellogg buying United Biscuits would make sense, according to an expert with prior senior history at UB, as media speculation over the possibility of such a deal intensified.
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.
The £1.7bn (€2.5bn) struggle to acquire British bakery group United
Biscuits has intensified with US buyout firm Blackstone set to
table a bid for the company at Thursday's auction.
Just 10 days after agreeing to sell its Irish Biscuits unit to
Britain's United Biscuits, French group Danone has changed its mind
and sold the business to local player Fruitfield Foods instead -
neatly avoiding a potentially...
UB has announced plans to close its biscuit production site at
Ashby de la Zouch in the English Midlands at the end of next year
as part of its ongoing plan of restructuring its now profitable UK
biscuit operation.
