It is the company behind some of the nation’s most popular biscuit brands, including McVitie’s Hobnobs, Jaffa Cakes and Penguin. But United Biscuits also produces snacks such as Hula Hoops, KP salted peanuts and McCoy’s crisps. After underperforming on the stock market throughout the 1990s, the company was taken private in 2000 in a £1.3 billion deal backed by a consortium of private-equity investors led by Cinven. It reported sales of £1,308m in 2002, when it had 11,500 employees. The company, now led by Malcolm Ritchie, a former president of Heinz Europe, sold its Chinese arm and subsidiaries to Nabisco that year.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2003
Rank16
CompanyUnited Biscuits
ActivityBranded snack manufacturer
LocationWest London
Sales £m*1,308
Profit £m*58
Year endDec 02
Principal shareholdersCinven (30%), Paribas (30%), Nabisco (25%)
Staff11,500
Founded1948
Websitewww.unitedbiscuits.co.uk

If applicable:

* Supplied by company † Annualised figure