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:
“History is not what you thought. It is what you can remember. All other history defeats itself.
In Beverly Hills ... they dont throw their garbage away. They make it into television shows.
Idealism is the despot of thought, just as politics is the despot of will.”
—Mikhail Bakunin (18141876)
“Every generation rewrites the past. In easy times history is more or less of an ornamental art, but in times of danger we are driven to the written record by a pressing need to find answers to the riddles of today.... In times of change and danger when there is a quicksand of fear under mens reasoning, a sense of continuity with generations gone before can stretch like a lifeline across the scary present and get us past that idiot delusion of the exceptional Now that blocks good thinking.”
—John Dos Passos (18961970)
“The history of all countries shows that the working class exclusively by its own effort is able to develop only trade-union consciousness.”
—Vladimir Ilyich Lenin (18701924)