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Blackstone and Pai Partners Agree Sale of United Biscuits to Yildiz Holding
BLACKSTONE AND PAI PARTNERS AGREE SALE OF UNITED BISCUITS TO YILDIZ HOLDING London, 3 November 2014 - Private equity funds managed by Blackstone (“Blackstone”) and PAI Partners (“PAI”) announce the sale of United Biscuits (“UB” or “the Company”), a leading international manufacturer of biscuits, to Yildiz Holding ("Yildiz"). UB is a leading manufacturer and marketer of biscuits in the UK and second largest in the Netherlands, France, Belgium and Ireland. Among UB’s popular brand names are McVitie’s, Penguin, go ahead!, McVitie’s Jaffa Cakes, Jacob’s, Jacob’s Cream Crackers, Twiglets, Mini Cheddars and Carr's in the UK, and BN, Delacre, Verkade and Sultana in Continental Europe. UB owns and operates 16 manufacturing facilities of which seven are in the UK. Lionel Assant, European Head of Private Equity at Blackstone, said: "United Biscuits is a great business and has been an excellent investment for us. Yildiz is the best home for the company and will allow UB to fulfil its international growth ambitions. I would like to thank United Biscuits' management team for the way in which they have led the company and wish UB well under new ownership." Frédéric Stévenin, Partner at PAI Partners, commented: “United Biscuits is an iconic business with leading global brands. We are very proud to have been part of its development and wish everyone at the Company continued successes over the years ahead.” Commenting on the sale, Martin Glenn, CEO of United Biscuits, said: “We look forward to being part of Yildiz as we continue to fulfil our growth potential both in the UK and abroad where we are looking to expand our share of the biscuit and snacking markets and where there is huge potential for all our brands. -
Sustainable Success
ÜLKER BİSKÜVİ ANNUAL REPORT 2018 ÜLKER BİSKÜVİ ÜLKER BİSKÜVİ ANNUAL REPORT 2018 REPORT ANNUAL Kısıklı Mahallesi Ferah Caddesi No: 1 34692 Büyük Çamlıca-Üsküdar / Istanbul - TURKEY Tel: +90 216 524 29 00 Faks: +90 216 316 43 44 www.ulker.com.tr www.ulkerbiskuvi.com.tr 100% recycled paper is used for the publication of this report. SUSTAINABLE SUCCESS... BISCUIT 9 Kat Rulokat, 9 Kat İnce Gofret, Ülker Deluxe, Çokoprens, Probis, Ülker Pötibör, Rondo, Canpare, Kat Tat, Altınbaşak, Çizi, İkram, Biskrem, Ülker Çubuk, Çiziviç, 9 Kat, Ülker Bebe Bisküvi, Hanımeller, Krispi, Ülker Çubuk Kraker, Ülker Susamlı Çubuk Kraker, Ülker Bebe Bisküvi, Saklıköy, Mc Vities, Dore, Haylayf, Taç Kraker CONTENTS 02 Key Financial Indicators 04 Sales Volume and Revenue Growth CHOCOLATE 04 Capital Structure Ülker Çikolatalı Gofret, Albeni, Metro, Çokonat, Dido, Laviva, Napoliten, Halley, 05 Ülker’s Share Hobby Krem, Hobby, Smartt Sürpriz Yumurta, Caramio, Cocostar, Çokomel, Performance on the BIST Çokomel Pofti, Godiva Masterpiece, Alpella Gofret, Ülker Cocostar, Ülker 06 About pladis 08 Ülker Bisküvi Production Finger Çikolata, Çokokrem, Piko, Çokomilk, Ülker Çikolata ÜLKER BİSKÜVİ Facilities 10 Message from the Chairman 12 Message from the CEO 14 Strategies CAKE 15 Current Economic 2018 REPORT ANNUAL Outlook, Global and 8 Kek, Pöti, Kekstra, O’lala Sufle, O’lala Bar, O’lala Waffle, Dankek Rulo Pasta, Dankek Çay Turkish Food Industries Saati, Smartt Sütkek, Çokokrem Pankek, Lokmalık, Alpella, Peki, O’lala Sufle Mini, Dankek 16 Production and Capacity Baton, Dankek -
United Biscuits Revolution 25 September 2002
United Biscuits Revolution 25 September 2002 22 United Biscuits has created an internal Stand up if you’ve never placed Hula Hoops on the ends of your fin- gers before eating them. Is there anyone in the country e-community to share who hasn’t? Even the Queen has probably done it. But United Bis- winning web cuits, the firm behind the snack and countless others, has been so strategies among its busy marketing some products online that its custo-mers’ fingers brands, Mark Vickery may be spending more time on their keyboards. The firm has two main operating categories: biscuits, of which (left) and Will Ursell McVitie’s is the top brand, and snacks, which KP heads. Between tell Caspar van Vark them, they own some of the UK’s most familiar products, including McCoy’s, Go Ahead! and Oreo. Some have advertised online but, until recently, the company took a piecemeal approach, with each brand doing its own thing. A wise strategy, perhaps, as a packet of biscuits does not necessarily have much in common with a bag of crisps when it comes to target markets. But it also makes Hula Hoops: Steve Threlfall site has attracted 86,000 visits sense to look at brands together and let their online strategies feed off each other. ed Biscuits’ online activities, with several major campaigns for Hula That’s precisely what United Biscuits decided to do some 12 Hoops and Penguin. The company also hired a three-strong agency months ago when it formed an ‘e-business community’, for which in- roster to handle digital campaigns: Wheel group’s Abel & Baker, Oys- formation systems director Mark Vickery has overall responsibility. -
GODIVA Appoints Nurtac Ziyal Afridi As CEO, Marking New Era of Growth and Accessibility for Iconic Brand
GODIVA Appoints Nurtac Ziyal Afridi as CEO, Marking New Era of Growth and Accessibility for Iconic Brand NEW YORK – (Dec. 17, 2020) - GODIVA, the global leader in premium chocolate owned by Yildiz Holding, today named Nurtac Ziyal Afridi as CEO. The announcement caps her two months serving as interim chief executive officer in which she and her leadership team developed a three-year strategy to seize new opportunities through GODIVA’s dynamic omnichannel structure. Afridi, a GODIVA board member as well as Yildiz Holding's chief strategy and growth officer, said she will work with her teams to continue making the company’s popular chocolates and chocolate-inspired products accessible by extending its channels, which include online and FDM (food drug mass), to reach new consumers and engage with loyal consumers in new ways. Her appointment comes as GODIVA has sought to bring the company’s chocolate to a wider audience and adjusted its business operations in line with changes in shoppers’ behavior. Year to date, the company has seen significant growth in its consumer base, driven largely by Godiva.com and FDM sales. “Afridi brings an impressive combination of business, operational and finance expertise to GODIVA along with a strong passion for people and nurturing talent. She has a proven track record of powerful business results in corporate development, which will ensure that GODIVA continues to capture opportunities that honor its roots and align with its bold vision for the future,” said Murat Ulker, GODIVA’s chairman. Afridi said she’s inspired to lead a Belgium-born, premium brand marked by nearly 95 years of craftsmanship and artisanal chocolate expertise. -
UNITED BISCUITS BONDCO LIMITED Report and Financial Statements
United Biscuits Bondco Limited Company registered no: 5957937 UNITED BISCUITS BONDCO LIMITED Report and Financial Statements For the Year Ended 31 December 2019 1 United Biscuits Bondco Limited Strategic report The directors present their strategic report and accounts for the year ended 31 December 2019. The Company is preparing its accounts under FRS 101 “Reduced Disclosure Framework” and has taken advantage of the disclosure exemptions allowed under this standard. The Company’s ultimate parent undertaking in the UK, Pladis Foods Limited, was notified of and did not object to the use of the EU-adopted IFRS disclosure exemptions. Principal activity, review of the business, future developments and going concern The principal activity of the Company was to act as an investment holding company for the Pladis Foods Limited Group (“Group”). No change in this activity is intended in the foreseeable future. The loss after taxation for the year ended 31 December 2019 amounted to £63.6m (2018 – loss of £59.0m). The increase in loss on ordinary activities before tax is principally due to increase in the interest expenses arising from amounts owed to fellow Group undertakings. At the balance sheet date, United Biscuits Bondco Limited had net liabilities of £517.9m (2018 – net liabilities of £454.3m). The principal movements in the balance sheet is an increase in the amounts owed to fellow Group undertakings because of interest accruals. The Company is reliant upon the provision of financial support by Pladis Foods Limited, a parent undertaking of the Company, to assist the Company in meetings its liabilities as and when they fall due. -
Yildiz Holding Rapor ING Linkli
20SUSTAINABILITY REPORT Sustainability; Our Legacy17 for the Future SUSTAINABILITY REPORT 2017 CONTENTS 06 CHAİRMAN STATEMENT 07 HEAD OF YILDIZ HOLDING SUSTANABILTIY PLATFORM STATEMENT 09 ABOUT REPORT 09 SCOPE OF THE REPORT 09 INTRODUCTION 10 ABOUT YILDIZ HOLDING 33 PEOPLE - EMPOWER 11 HOW DO WE MANAGE? 34 Employees 11 Our Sustainability Approach 35 Performance and Career Management 14 Sustainability Management 36 Skill Management and Training 38 Employee Happiness 39 Occupational Health and Safety 39 Social Responsibility 19 PRODUCTS - INSPIRE 20 Responsible Products 22 Value Chain 22 Strategic Supply Chain Management 43 PLANET - RESTORE 23 Sustainable Agriculture Practices 44 Climate Change and Energy Management 26 Quality and Product Safety 45 Water Management 27 Customer and Consumer Orientation 47 Biodiversity 28 R & D and Innovation 48 Biodiversity 28 R & D and Innovation Capacity 49 ANNEXES 30 Innovation and Entrepreneurship Culture 49 Corporate Memberships 49 GRI Index Murat Ülker Charman Dear Stakeholders, The process of rapid change in the world today is leading to many complex issues. For global sustainability, environ- mental assets must be protected, we must aspire to a society of higher welfare, and adopt a shared value approach of economic development. In our business, we need to continue to adapt quickly in order to maintain our success and distinction this dynamic environment. The most important legacy we inherited from our founder, Sabri Ülker, is a business model based on zero waste. Our sustainability journey started back in 2015 with the motto: This is Our World. This journey is extended to the group firms in 2017, acceding to the strategy of the firm: Make Happy Be Happy. -
ÜLKER BİSKÜVİ Annual Report 2019
ÜLKER BİSKÜVİ Annual Report 2019 Sustainable success Biscuit Biskrem, Çizi, Çiziviç, İkram, Altınbaşak, Halley, Hanımeller, Krispi, Ülker Pötibör, Ülker Çubuk Kraker, Ülker Susamlı Çubuk Kraker, Ülker Bebe Bisküvi, Saklıköy, McVitie’s, Çokoprens, Probis, Rondo, 9 Kat, 9 Kat Rulokat, 9 Kat İnce Gofret, Kat Kat Tat, Ülker Deluxe, Canpare, Dore, Haylayf, Taç Kraker CONTENTS 02 Key Financial and Operational Indicators 04 Sales Volume and Chocolate Revenue Growth Ülker Çikolata, Ülker Çikolatalı Gofret, Albeni, Metro, Dido, Caramio, Laviva, 04 Capital Structure Çokokrem, Napoliten, Çokonat, Ülker Flipz, Cocostar, Çokomel, Piko, 05 Ülker and Stock Çokomilk Godiva, Godiva Masterpieces, Alpella Gofret, Ülker Finger Çikolata, Performance on the BIST Hobby Krem, Hobby, Smartt Sürpriz Yumurta, Çokomel Pofti 06 About pladis 08 Ülker Bisküvi Production Facilities 10 Messages from the Chairman and CEO 12 Strategies 13 Current Economic Outlook, Global and Cake Turkish Food Industries 8 Kek, Pöti, Kekstra, O’lala Sufle, O’lala Bar, O’lala Waffle, O’lala Sufle Mini, Dankek Rulo Pasta, 14 Production and Capacity Dankek Çay Saati, Dankek Baton, Dankek Islak Kek, Dankek Lokmalık, Smartt Sütkek, Çokokrem 20 Operational Excellence Pankek, Alpella, Peki, Cup Cake, Albeni Kek, Dankek Çikolatalım 24 Investments 25 Subsidiaries and Financial Investments 28 Sustainability SALES VOLUME BY CATEGORY 34 Human Resources 36 Quality and R&D Growth in 41 Social Responsibility (Thousand Tons) 2018 % 2019 % 42 Corporate Governance 2018-2019 Principles Compliance Biscuit -
Vacature UBNL/Koninklijke Verkade NV
Vacature UBNL/Koninklijke Verkade NV Role: Brand Manager Sultana Region: UB Netherlands Function: Marketing Manager: Marketing Manager Sultana Location: Koninklijke Verkade NV, Zaandam Koninklijke Verkade N.V. Koninklijke Verkade N.V. is a subsidiary company of United Biscuits, an international operating food company, focusing on it’s core activity (savoury) biscuits. United Biscuits has a head quarter in the United Kingdom. Well-known brands in the Netherlands are Verkade and Sultana with a great history, enthusiastic consumers and tasteful products. Other International brands are BN, McVities, Go Ahead! and Delacre. In Zaandam some 450 employees are working on contemporary, valuable and successful brands which fit to current and future consumer needs and developments. At Koninklijke Verkade the marketing department is headed by the local Head of Marketing, with both the Verkade and Sultana brand under his supervision. Both brand teams are led by a senior marketeer. Today, we are searching for a dedicated Brand Manager for an important role within the Sultana brand team. Job Description: The Brand Manager Sultana will be part of the Sultana brand team (4 FTE in total), delivering a strong contributions to achieving the marketing, revenue and profit goals set for the brand in the local market. The candidate will report to the Marketing Manager Sultana. The Sultana brand contains a biscuit oriented product range divided over different segments in the ‘In Between Meals / Healthier’ category. The brand is sold in the Netherlands, Belgium and will be sold in France as of 2014. Brand leadership for all markets lies with the Marketing Manager for Sultana based in the Netherlands. -
Extending the Limits of Happiness
EXTENDING THE LIMITS OF HAPPINESS... ÜLKER ANNUAL REPORT 2016 CONTENTS 02 Key Financial Indicators 04 Sales Volume and Income Growth 05 Capital and Shareholder Structure 06 Ülker’s Share Performance on the BIST 08 About pladis 10 Production Facilities 12 Message from the Chairman 14 Board of Directors 16 Message from the CEO 18 Strategies 20 Current Economic Outlook, Global and Turkish Food Industries 22 Production and Capacity 28 Investments 29 Subsidiaries and Financial Investments 32 Sustainability 40 Human Resources 44 Quality and R&D 50 Social Responsibility 53 Corporate Governance Principles Compliance Report 62 Risk Management 63 Investor Relations 64 2016 Ordinary General Assembly Meeting Agenda 65 Subsidiary Company Report Results 66 Power of Attorney 67 Dividend Distribution Policy 68 Independent Audit Report 69 Consolidated Financial Statements for the Year Ended 31 December 2016 Together With Independent Auditor’s Report We created a new structure in order to expand the boundaries of happiness with a wide range of products that will meet different consumer expectations and needs in different regions of the world. We combined biscuit, chocolate and confectionery companies under the name of pladis, under the structure of a single company. Now, we are moving towards higher targets on global scale. 2 KEY FINANCIAL INDICATORS Ülker increased its real operating profit by 8% in 2016 and amounted TL 465 million in 2016. During this period, consolidated sales amounted TL 3,922 million and investments made worthed TL 258 million. Summary -
United Biscuits Annual Review 2012 Contents
United Biscuits annual review 2012 Contents UB overview 3 Performance summary 4 Financial sustainability 8 Environmental sustainability 12 Community sustainability 15 Health, safety & welfare 17 Policies and principles 18 Corporate governance 21 Board of directors 24 Director’s report 27 page 2 overview United Biscuits (UB) is a leading international branded snacks business, which manufactures and markets some of the world’s best known and loved sweet and savoury snacks. UB’s brands have been satisfying consumers for generations and include such favourites as McVitie’s, Verkade, Jacob’s, Carr’s, BN, McVitie’s Jaffa Cakes, Penguin, Delacre, Mini Cheddars, go ahead!, Twiglets and Sultana. UB is the leading manufacturer and marketer of biscuits in the UK and second largest in the Netherlands, France, Belgium and Ireland. UB brands are sold in over 100 countries and it has strong consumer bases in the rest of Europe, North America, the Middle East, Africa, India, other parts of Asia and Australia. UB has manufacturing facilities in the UK, Belgium, France, the Netherlands and India. In 2012 UB delivered a solid performance despite challenging economic conditions impacting consumer spending. Over the past year, UB has continued to rapidly expand its international footprint and to make significant strides towards its environmental sustainability goals. It has also successfully completed the fourth year of its community programme. At the end of 2012, UB agreed to sell its KP Snacks business to European snack manufacturer, Intersnack. The deal completed in Q1 2013. KP Snacks brands include McCoy’s, Hula Hoops, KP Nuts and Phileas Fogg. UB brands are sold in over 100 countries page 3 Performance summary 2012 saw continued difficult market conditions, similar to those experienced in 2010 and 2011. -
Pladis and Ulker Family Members Domestic International
Investor Presentation January 2018 Disclaimer 2 • This presentation contains information and analysis on financial statements and is prepared for the sole purpose of providing information relating to Ülker Bisküvi Sanayi A.Ş. (“Ülker”) • This presentation contains forward-looking statements which are based on certain expectations and assumptions at the time of publication of this presentation and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in these materials. Many of these risks and uncertainties relate to factors that are beyond Ülker’s ability to control or estimate precisely, such as future market and economic conditions, the behavior of other market participants, the ability to successfully integrate acquired businesses and achieve anticipated cost savings and productivity gains as well as the actions of government regulators • Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this presentation. Ülker does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of these materials • This presentation merely serves the purpose of providing information. It neither represents an offer for sale nor for subscription of securities in any country, including Turkey. This presentation does not include an official offer of shares; an offering circular will not be published • This presentation is not allowed to be reproduced, distributed or published without permission or agreement of Ülker • The figures in this presentation are rounded to provide a better overview. The calculation of deviations is based on figures including fractions. -
The Biscuit Market in France Page 1 of 15
The Biscuit Market in France Page 1 of 15 Publication Date: April, 1998 The Biscuit Market In France April 1998 (Également disponible en français sous le titre; Le marché des biscuits en France) Prepared by the Team Canada Research Centre and the Canadian Trade Commissioner Service (FaxLink no. 34954) The Team Canada Market Research Centre produces a wide range of market reports by region and sector for Canadian exporters. For further information please contact: file://H:\MAS\03. P-Maps\PM...\Agrifood Canada -The Biscuit Market in France - 1998.ht 11/8/01 The Biscuit Market in France Page 2 of 15 Market Support Division (TCM) Trade Evaluation and Analysis Department of Foreign Affairs Division (TEAD) and International Trade Agriculture and Agri-Food Canada Email: Attn: James C. Lowe [email protected] Telephone: (613) 759-7652 Facsimile: (613) 759-7505 Email: [email protected] -the FaxLink Domestic service Agri-food Trade Service Online (613-944-4500) (http://atn-riae.agr.ca) -DFAIT Internet Site (www.dfait-maeci.gc.ca) The Government of Canada has prepared this report based on primary and secondary sources of information. Readers should take note that the Government of Canada does not guarantee the accuracy of any of the information contained in this report, nor does it necessarily endorse the organizations listed herein. Readers should independently verify the accuracy and reliability of the information. This report is intended as a concise overview of the market for those interested in its potential and is not intended to provide in-depth analysis which may be required by the individual exporter.