Legal Business

Freshfields, Linklaters and Taylor Wessing advise on United Biscuits sale to Turkish buyer

Freshfields Bruckhaus Deringer, Linklaters and Taylor Wessing have taken the leading roles representing the sale of UK-based United Biscuits to Turkey’s largest food and beverage company Yildiz Holding.

The British food manufacturer – which makes McVitie’s, Jaffa Cakes, Hobnobs and Penguins, and Jacob’s Cream Crackers and Twiglets – will be acquired from private equity owners The Blackstone Group and PAI Partners by Yildiz for a reported £2bn.