Philippines conglomerate San Miguel Corp. and Saudi food group Savola are reportedly considering making moves for United Biscuits.

Sky News today (9 September) reported San Miguel is mulling an offer for the UK-based snacks maker, which counts McVitie’s and Jacob’s in its portfolio.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The broadcaster, citing unnamed sources, said Savola was also potentially interested in United Biscuits.

The companies are the latest to be linked to United Biscuits, which last week reportedly held talks with possible bidders Kellogg, Ferrero, Turkish group Ulker and Ontario Teachers’ Pension Plan, the Canadian pension fund that owns UK rival Burton’s Biscuit Co.

United Biscuits’ owners, the private-equity firms Blackstone and PAI Partners, are weighing up whether to sell or float a business they have owned since 2006.

Speculation around a possible sale of United Biscuits has circulated periodically since Blackstone and PAI failed to sell what was then a larger business as a going concern in 2010. In 2012, the private-equity investors split United Biscuits into two units – salty snacks and sweet biscuits. The salty snacks business was then sold to Germany’s Intersnack.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Last week, one source close to the situation told just-food Blackstone and PAI are looking at “every strategic option” in their bid to get the highest valuation possible for the biscuit business.

Click here for just-food’s Deal or no deal analysis of the potential suitors for United Biscuits, which was published on Friday.

Last month, just-food interviewed the head of United Biscuits’ international business. Click here to read the interview in full.