United Biscuits agreed the sale of its KP Snacks division to Germany’s Intersnack for £500m in December. Following the sale, the group is expected to focus on its biscuit products which include Jaffa Cakes, Hobnobs and Digestives. Blackstone and PAI Partners bought the London company for £1.6bn in 2006, and appointed a new chief executive in May, Martin Glenn, who previously ran Iglo Group, which also appears in the Top Track 100.
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