Weetabix Limited

Last updated
Weetabix Ltd
Type Subsidiary
Industry Breakfast cereal
Founded1932;91 years ago (1932)
Headquarters Burton Latimer, Northamptonshire, UK
Area served
Europe, North America
Key people
Managing Director: Sally Abbott
Products Weetabix, Alpen, Ready Brek, Weetos, Crunchy Bran, Puffins
Number of employees
c. 2,000
Parent Post Holdings
Website weetabixfoodcompany.co.uk

Weetabix Ltd., trading under the name Weetabix Food Company, is a food processing company that is responsible for the production of breakfast cereal brands, including Weetabix, Alpen, Crunchy Bran and Ready Brek. The company also produces Puffins cereal and Snackimals snacks through their Barbara's Bakery division.

Contents

History

See History of Weet-Bix

The food product was originally invented in Australia in the 1920s by Bennison Osborne. Osborne and his friend Malcolm MacFarlane successfully launched Weet-Biscs in Australia and New Zealand under the sponsorship of the owner of Grain Products Ltd., who soon sold the Australasian rights to the Australasian Conference Association Limited Sanitarium Health and Wellbeing Company. Osborne and MacFarlane decided to expand into South Africa and while there, they began the establishment of the British & African Cereal Company, Ltd., a Private Company, to start a venture in England under the Companies Act 1929 (Company No. 267687), where they became joint Managing Directors until MacFarlane left the Company in 1932/1933, after which Osborne became the sole managing director until 1936, when he left the Company for the United States of America. The first Directors of the Company were Bennison Osborne, Malcolm MacFarlane, Alfred Richard Upton and Arthur Stanley Scrutton. Frank George, who had offered them the use of a disused flour mill in Burton Latimer, Northamptonshire, subsequently requested and was granted shares in the Company and was offered a place on the Board.

The company holds a royal warrant from Queen Elizabeth II.

For the purpose of differentiating between the various countries, it was decided that the product, when introduced into the United Kingdom, should be known as "Weetabix". On 13 August 1936, with the approval of the Board of Trade, the Company name was changed to Weetabix Limited.

Alpen was invented in 1971, when a company executive was on holiday in Switzerland and tasted a local delicacy. [1]

In November 2003, the company was bought from Weetabix Limited, by the American private equity firm HM Capital of Dallas. [2] From 29 January 2004, it was owned by Lion Capital LLP,[ citation needed ] until 3 May 2012 when the Chinese company Bright Food bought a 60% controlling stake, valuing the company at £1.2bn ($1.9bn). [3]

In 2012 the company was bought by the Chinese Government through the state-run Bright Food, and the equity firm Baring Private Equity Asia, with Bright Food having the controlling interest. [4] [5]

In July 2017, the American company Post Holdings bought the company for £1.4 billion. [6]

The company does not have the rights to the product in Australia, New Zealand or South Africa. In these countries, the brand is still known as Weet-Bix and is still made by Sanitarium Health Food Company in Australia and New Zealand and Bokomo in South Africa.

In 2021, Weetabix faced strike action over a decision to make workers redundant and re-employ them on lower wages, a practice known as fire-and-rehire. [7]

Awards

It has won three Queen's Awards for Export, lastly in 2004.

Company structure

The company is headquartered in Burton Latimer, Kettering, Northamptonshire, England, and its 75-acre (30 ha) site is next to the A14 junction with the A6. It also has factories in Corby and Ashton-under-Lyne. The company produces 3 billion Weetabix breakfast biscuits every year from its Kettering site.

Weetabix is also one of the major manufacturers of generic cereals for the major supermarkets.

Weetabix has factories in Europe, East Africa and North America. It is the largest producer of breakfast cereals in the UK. It exports to eighty countries. As of 2012 it employed around 2,000 people. [8]

The company's managing director is Sally Abbott. [9]

Brands

Sponsorship

Weetabix was the title sponsor of the Women's British Open between 1987 and 2006. It has also previously sponsored Northamptonshire Police, most recently providing a mobile police station in 2004. [17] It was one of the sponsors of the World Cup in Argentina in 1978. Weetabix was the main sponsor of the first BMX World Championships to be held in the UK in 1986. These Championships were held at Slough in Berkshire, attracting over 2,000 racers from across the world.

Related Research Articles

<span class="mw-page-title-main">Breakfast cereal</span> Processed food made from grain

Breakfast cereal is a breakfast food made from processed cereal grains. It is traditionally eaten as part of breakfast, or a snack food, primarily in Western societies.

<span class="mw-page-title-main">Weet-Bix</span> High-fiber and low sugar breakfast cereal biscuit

Weet-Bix is a whole-grain wheat breakfast cereal created and manufactured in Australia and New Zealand by the Sanitarium Health Food Company, and in South Africa by Bokomo.

<span class="mw-page-title-main">Nutri-Grain</span> Breakfast foods made by Kelloggs

Nutri-Grain is a brand of breakfast cereal and breakfast bar made by the Kellogg Company. In Australia and New Zealand Nutri-Grain is a breakfast cereal made from corn, oats, and wheat. The pieces are shaped like bricks.

<span class="mw-page-title-main">Kellogg's</span> American multinational food company

Kellanova is an American multinational food manufacturing company headquartered in Chicago, Illinois, United States. Kellogg's produces cereal and convenience foods, including crackers and toaster pastries, and markets their products by several well-known brands including the Kellogg's brand itself, Rice Krispies Treats, Pringles, Eggo, and Cheez-It, along with cereal internationally such as Corn Flakes, Rice Krispies, Frosties and Coco Pops.

<span class="mw-page-title-main">Granola</span> Breakfast, lunch and snack food

Granola is a food consisting of rolled oats, nuts, seeds, honey or other sweeteners such as brown sugar, and sometimes puffed rice, that is usually baked until crisp, toasted and golden brown. The mixture is stirred while baking to avoid burning and to maintain a loose breakfast cereal consistency. Dried fruit, such as raisins and dates, and confections such as chocolate are sometimes added. Granola is often eaten in combination with yogurt, honey, fresh fruit, milk or other forms of cereal. It also serves as a topping for various pastries, desserts or ice cream. Muesli is similar to granola, except that it is traditionally neither sweetened nor baked.

<span class="mw-page-title-main">Sanitarium Health and Wellbeing Company</span> Business enterprise owned by the Seventh-day Adventist Church

The Sanitarium Health and Wellbeing Company is the trading name of two sister food companies. Both are wholly owned by the Seventh-day Adventist Church.

<span class="mw-page-title-main">Alpen (food)</span> Breakfast cereal made by Weetabix

Alpen is a line of muesli varieties manufactured by the Weetabix cereal company of Kettering, Northamptonshire, England.

Post Consumer Brands is an American consumer packaged goods food manufacturer headquartered in Lakeville, Minnesota.

<span class="mw-page-title-main">Shredded wheat</span> Breakfast cereal made from whole wheat

Shredded wheat is a breakfast cereal made from whole wheat formed into pillow-shaped biscuits. It is commonly available in three sizes: original, bite-sized and miniature. Both smaller sizes are available in a frosted variety, which has one side coated with sugar and usually gelatin. Some manufacturers have produced "filled" versions of the bite-size cereal containing a raisin at the center, or apricot, blueberry, raspberry, cherry, cranberry or golden syrup filling.

<span class="mw-page-title-main">Honey Bunches of Oats</span> Breakfast cereal made by Post

Honey Bunches of Oats is a breakfast cereal owned by Post Holdings and produced by its subsidiary Post Consumer Brands. Created by lifelong Post employee Vernon J. Herzing by mixing several of Post's cereals together and having his daughter taste them, Honey Bunches of Oats was introduced to markets in 1989 after three years of development. The cereal is made up of three kinds of flakes and oat clusters baked with a hint of honey. It is marketed as a source of whole grain. Other varieties have almonds or fruits added into the mix.

Ready Brek is an oat-based breakfast cereal produced by Weetabix Limited. It is intended to be served hot, and comes in two varieties — 'original' and 'chocolate'. Other variants were available but have since been discontinued.

<span class="mw-page-title-main">Weetos</span> Breakfast cereal made by Weetabix

Weetos is a brand of chocolate-flavoured breakfast cereal produced by Weetabix Food Company. The name comes from the fact that its primary ingredient is wheat (Weet-) and the cereal pieces are in O shapes (-Os), the same naming convention that is used on the company's flagship cereal Weetabix.

<span class="mw-page-title-main">Weetabix</span> Breakfast cereal

Weetabix is a breakfast cereal produced by Weetabix Limited in the United Kingdom. It comes in the form of palm-sized wheat biscuits. Variants include organic and Weetabix Crispy Minis (bite-sized) versions. The UK cereal is manufactured in Burton Latimer, Northamptonshire, and exported to over 80 countries. Weetabix for Canada and the United States is manufactured in Cobourg, Ontario, in both organic and conventional versions.

<span class="mw-page-title-main">Crunchy Nut</span> Breakfast cereal made by Kelloggs

Crunchy Nut is a breakfast cereal made by Kellogg's with flakes of corn, honey, three types of sugar, and chopped peanuts. The product was created by Kellogg's employees at their Trafford Park factory in Greater Manchester and first introduced in 1980.

<span class="mw-page-title-main">Bokomo</span> Breakfast cereal company in South Africa

Bokomo Foods is the largest breakfast cereal company in South Africa, and is a division of Pioneer Foods (Pty) Ltd.

<span class="mw-page-title-main">Fiber One</span> General Mills brand

Fiber One is a brand of high-fiber breakfast cereal, packaged nutritional bars, and baked food products owned by General Mills. Originally released as a breakfast cereal in 1985, it directly competes with Kellogg’s All-Bran.

<span class="mw-page-title-main">Post Holdings</span> American consumer packaged goods holding company

Post Holdings, Inc. is an American consumer packaged goods holding company headquartered in St Louis, Missouri with businesses operating in the center-of-the-store, refrigerated, foodservice, and food ingredient categories. Its Post Consumer Brands business manufactures, markets, and sells both branded and private label cereal products. Its Michael Foods Group business supplies value-added egg products and refrigerated potato products to the foodservice and food ingredient channels. Through its Post Refrigerated Retail business, Post offers potato, egg, sausage, and cheese refrigerated side dishes products. Post participates in the private brand food category through its investment in 8th Avenue Food & Provisions, a leading, private brand centric, consumer products holding company.

<span class="mw-page-title-main">Bagrrys India Limited</span>

Bagrrys India Limited is an Indian multinational FMCG food-manufacturing company which manufactures the high-fiber breakfast cereals and health foods, headquartered in New Delhi, India. The company has two food brands in its portfolio ‘Bagrry's’ and ‘Lawrence Mills’.

References

  1. "Our Story". Alpen. Archived from the original on 16 February 2020. Retrieved 5 June 2017.
  2. "The Curious Geography of Weetabix: A Cereal Tale for Our Times". The Open University. Retrieved 28 November 2023.
  3. "Weetabix bought by China's Bright Food". BBC. 3 May 2012. Retrieved 3 May 2012.
  4. "Bright Food Targets Listing Cereal-Maker Weetabix by 2016". Bloomberg News.
  5. Waldmeir, Patti (3 May 2012). "China's Bright Food swallows Weetabix" . Financial Times. Archived from the original on 10 December 2022.
  6. "Weetabix to be sold to US company Post Holdings". BBC News. 18 April 2017. Retrieved 18 April 2017.
  7. "Warning of Weetabix shortage amid 'fire and rehire' strike row". BBC News. 24 May 2021. Retrieved 1 September 2021.
  8. Financial Times 22 April, 2012 5:23 pm Lion Capital explores Weetabix sale
  9. "Our Leadership Team". Weetabix Food Company. Retrieved 29 November 2023.
  10. "Barbara's to leave Petaluma". 20 January 2012. Archived from the original on 26 August 2016.
  11. "Three Sisters Debuts New Look for Barbara's Cereal Portfolio, New Mom's Best Granola Line". 5 March 2019. Archived from the original on 13 February 2020.
  12. "Barbara's Unveils Redesigned Packaging". 27 January 2020. Archived from the original on 13 February 2020.
  13. "Barbara's overhauls packaging to bring 'fun' & 'vibrancy' to the natural cereal aisle". 27 January 2020. Archived from the original on 13 February 2020.
  14. "Weetabix Products". Weetabix Ltd. Retrieved 27 June 2009.
  15. "The Weetabix Food Company – Oatibix". Weetabix Ltd. Archived from the original on 10 August 2010. Retrieved 27 June 2009.
  16. "Weetabix Food Company – About Us". Weetabix Ltd. Retrieved 27 June 2009.
  17. "Police given new mobile station". BBC. 9 February 2004.