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:

    The history of all hitherto existing society is the history of class struggles.
    Karl Marx (1818–1883)

    The thing that struck me forcefully was the feeling of great age about the place. Standing on that old parade ground, which is now a cricket field, I could feel the dead generations crowding me. Here was the oldest settlement of freedmen in the Western world, no doubt. Men who had thrown off the bands of slavery by their own courage and ingenuity. The courage and daring of the Maroons strike like a purple beam across the history of Jamaica.
    Zora Neale Hurston (1891–1960)

    Modern Western thought will pass into history and be incorporated in it, will have its influence and its place, just as our body will pass into the composition of grass, of sheep, of cutlets, and of men. We do not like that kind of immortality, but what is to be done about it?
    Alexander Herzen (1812–1870)