United Biscuits - History

History

United Biscuits was formed in 1948 from the merger between McVitie & Price and MacFarlane Lang.

In 1972, it acquired Carr's of Carlisle, makers of the eponymous Table Water biscuits.

The Company owned the Wimpy Bar fast food restaurant chain between 1977 and 1989. It also acquired the chilled food company Ross Young's in 1988.

The Company was acquired in May 2000 by Finalrealm, a consortium of financial investors, as well as Nabisco Holdings Corporation: as part of the transaction, UB acquired Nabisco's European businesses.

The Company sold Young's Bluecrest in 2001, in order to concentrate on the sweet biscuit sector.

In September 2004 the Company bought the UK portion of Groupe Danone's Jacob's Biscuit Group for £240 million.

In July 2006 it sold its Southern European biscuits business to Kraft Foods, which in turn left the owner syndicate.

In October 2006 the Company was sold to a consortium made up of the Blackstone Group and PAI Partners. The deal was completed in December 2006.

On 2 November 2007, UB issued a recall on its Crawford's Bourbon Cream biscuits, due to the possible presence of small pieces of thin metal wire in the biscuits.

Read more about this topic:  United Biscuits

Famous quotes containing the word history:

    When the history of guilt is written, parents who refuse their children money will be right up there in the Top Ten.
    Erma Brombeck (20th century)

    A great proportion of the inhabitants of the Cape are always thus abroad about their teaming on some ocean highway or other, and the history of one of their ordinary trips would cast the Argonautic expedition into the shade.
    Henry David Thoreau (1817–1862)

    This above all makes history useful and desirable: it unfolds before our eyes a glorious record of exemplary actions.
    Titus Livius (Livy)