• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

united biscuits

Extracts from this document...


Businesses at Work - United Biscuits 1. Introduction United biscuits were founded in 1948 with the merger of two Scottish family businesses, these were McVities and the Price and McFarlane Lang group. It was developed furthermore when they acquired Crawford's Biscuits and MacDonald's Biscuits. More recently in 2000, United Biscuits was bought by Finalrealm who were a consortium of investors and the company reverted to a private company status. 2. Ownership In 2000 United Biscuits were bought by a consortium of four businesses, these four businesses own different percentages in the company which is dictated by the amount of money which they invested. The four businesses were Cinven who own 30%, PAI Partners who also own 30%, Nabisco who own 25% and finally MidOcean Partners who own 15%. United Biscuits were reverted to being a private limited company, this is unusual because private companies tend to be smaller than public companies and often are family businesses. ...read more.


Shares are a good way of generating capitol for new ventures because they can release shares for a certain amount and depending on how many they sell they will have an instant rise in capitol. There are only a few disadvantages in comparison to an unlimited liability business, they have to share the profits out between the shareholders and decisions can't be made quickly, they also cost more to set up. United Biscuits could become a public limited company, and to do this they would have to float their stocks on the Stock Exchange. One of the main benefits of doing this is that large amounts of capital can be raised very quickly, to every "up-side" there must be a "down-side" and this is that the control of the business can be lost if large amounts of shares are bought because this would possibly result in a takeover. ...read more.


achieve profitable branded growth * To recognise that cost release and organisational alignment are key to delivery of satisfaction * To initiate and support partnerships which can affect change for and within their communities United Biscuits have achieved their first objective quite easily by merging their UK Biscuits and the UK Snacks businesses into one regional UK business at the end of 2003. With the acquisition of the Jacobs Biscuit Group in September 2004 it strengthened their campaign to fulfil their objectives. One spokesperson from United Biscuits said; "The combination of our UK businesses plus the new Jacob's business will allow us to maximise opportunities to leverage our scale and to further focus resources behind our UK priority brands." This statement outlines the fact that the business feels positive that it is working towards achieving their first objective. ?? ?? ?? ?? Shane Bracken Year 12 Businesses at work- Mr Brayshaw ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Structures, Objectives & External Influences section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Structures, Objectives & External Influences essays

  1. Marked by a teacher

    ASDA's Ownership

    4 star(s)

    their customers views and opinions and also the views and opinions of employees. These two stakeholders have the biggest influence on the businesses. (iii) ASDA and Wines Plus have responded to the stakeholder's interests by, issuing questioners and ask them regular questions about their shopping trip.

  2. The Business Environment Coursework. Describe the type of business, purpose and ownership of ...

    Many people in China feel this is a 'slap in the face' and are very unhappy about the situation. It is widely reported that in many of the developing trade nations there is a higher amount of corruption amongst its officials and companies with a strong reputation for ethics may

  1. For my portfolio, I was asked to do an assignment on two businesses. I ...

    concerned about locating near to their suppliers because there suppliers are all over the world so they transport different kind of product from different parts of the Britain. Tesco transports 3500 deliveries a day within the organisation. Tesco used to transport their product in four different ways they are main field, top up, night field and fill up.

  2. Investigating Businesses

    Aims An aim is something you wish to do in the long-term. Aims for my business will be: 1. To survive 2. To increase the number of customers 3. To open more pubs of the same kind 4. To be better than competitors 5.

  1. Scunthorpe United

    Scunthorpe United is based near housing estates. Scunthorpe United is surrounded by fast food shops which would be very suitable for the fans after watching a game also, having Next, B and Q, TK Maxx and Tesco. Nearness to raw materials Also, suppliers can come from another town easily to supply to the ground.

  2. Businesses choose the location for their business for many different reasons. Depending on the ...

    Also because of the road, rail and port links. These are needed to transport goods, customers and workers. Cameron Balloons do not only have customers located in Britain, but internationally as well. Being close to intercommunications helps cut the cost of transporting products.

  1. Classify the business according to its ownership, and explain the benefits and constraints of ...

    Constraints of Sainsbury as a PLC: * When a private company becomes public, the original shareholders may lose control of the company. * There are many legal formalities that must be complied with before the company can be set up.

  2. Applied Business. Investigating a business Preston Manor High School

    Preston manor have effective methods which motivate the students, such as doing practical work which makes learning more enjoyable, interesting and effective. 2 ? Embed citizenship programmers across the school and improve the school provision of health, sex, drugs and environmental education The school shows that they care about the

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work