Univeral Robina

Universal Robina, the Philippines-based food conglomerate, has purchased the New Zealand biscuit manufacturer Griffin’s for $700 million, Business Day reports. Griffin’s has around 800 employees and produces brands including Gingernuts, Cookie Bear, MallowPuffs and Nice & Natural from its two factories in Auckland. The company will be acquired by Universal Robina from Pacific Equity Partners, subject to regulatory approval. If the deal goes ahead, it is reported that Griffin’s chief …