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United Biscuits is the UK's leading biscuit company, controlling several of the
country's best-loved sweet and savoury snack brands. The portfolio is led by McVitie's, unquestionably the country's #1 biscuit
range, comprising such household names as Jaffa Cakes, Chocolate Digestives, Penguin and Hobnobs. Other products include salty
snacks under the Hula Hoops, Twiglets, KP and McCoy's banners. Though it retains a presence in Continental Europe, United Biscuits
has scaled back operations considerably since its heyday in the 1980s when its footprint extended as far afield as the US and
China, and its portfolio went well beyond biscuits to include confectionery, frozen foods and even fast food restaurants. Its move
into the US, in particular, through the acquisition of local cookie company Keebler created significant financial problems, which
eventually led to a huge slow-motion restructuring which lasted for almost a decade until the slimmed down group was acquired by
private equity investors in 2006. It was put up for sale again in 2010 but no single buyer was found. The salty snacks division was put up for sale again in 2012.
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