Owners of United Biscuits open sales talks
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The Britain- based
snack food group is owned by Blackstone and PAI, which is expected to sell the
company for a possible $3.2 billion.
U.S. food companies such as
Kraft, Campbell Soup Co., and Kellogg’s, all had looked at United Biscuits
before talks with Bright Food, according to Reuters. Those companies and others
will be able to bid on United Biscuits.
United
Biscuits produces products ranging from biscuits and crackers to cakes and
snacks. Its portfolio of brands includes McVitie’s, Jacob’s, Carr’s,
McCoy’s, Hula Hoops, McVitie’s Jaffa
Cakes, KP, Mini Cheddars, go ahead!, Verkade, Sultana, BN, and Delacre.
For more information visit www.unitedbiscuits.com
-C.L.
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