United Biscuits (UB) boss Jeff van der Eems has stepped down from his role as ceo at the manufacturer of McVities, Jaffa Cake and Jacob’s, after less than a year.
The bidding war for United Biscuits (UB) has come down to three players: Kellogg, Burton’s Biscuit Company and Turkish food producer Ulker Biskuvi Sanayi, which have all now submitted final bids.
A trade buyer looks set to acquire United Biscuits (UB) if a sale is decided upon, with Kellogg a strong contender among three core bidders, according to an industry expert.
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.
The threat of industrial action looms over United Biscuit’s (UB's) McVitie’s Cake Company factory at Halifax as trades union members rebel over job cuts, shift pattern changes and potential wage cuts.
United Biscuits' (UB's) investment in Nigeria's A&P Foods has catapulted the business to its target for international sales to represent 20% of its business three years early.
