Global Industry: Intersnack acquires Popchips
Hamburg. (bm) KP Snacks, part of German Intersnack Group, acquires Popchips Limited, which owns and operates the Popchips brand for the United Kingdom and Europe, for an undisclosed sum. Popchips Limited, the fastest growing brand in the UK, is a subsidiary of parent company...
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Global Industry: Papa John’s chairman resigns
Hamburg. (bm) Papa John’s International Inc., the world’s third largest pizza company, announced that the independent directors of the company have accepted the resignation of John H. Schnatter as Chairman of the Board. Olivia Kirtley acts as the company’s Lead Independent Director...
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Global Industry: Nestle Outlines Value Creation Progress
Hamburg. (bm) Board of Directors and management team of Swiss Nestle S.A. are implementing an accelerated long-term value creation strategy for one of the world’s leading global consumer goods companies. Through swift and decisive action, the company’s Board and management are...
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Global Industry: Whitbread PLC announces trading update
Hamburg. (bm) In April 2018, Whitbread PLC committed to demerge Costa Coffee from the Group as fast as practical and appropriate to optimise value for shareholders. Constructive early steps have been taken in preparation for the demerger and good progress continues to be made on the...
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Global Industry: Nestle UK builds digital warehouse
Hamburg. (bm) Swiss Nestle S.A., the world’s largest food and drink company, and XPO Logistics, a leading global provider of transport and logistics solutions, are co-creating a 638’000-square-foot distribution centre at the new SEGRO East Midlands Gateway Logistics Park in Leicestershire...
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Global Industry: Orkla consolidates biscuits production
Hamburg. (bm) The Board of Directors of Norway’s Orkla ASA has decided to consolidate production of biscuits in the Group, and to build a new biscuits factory outside Riga, Latvia. This is part of the Group’s strategy of consolidating production in fewer and more efficient plants, the company said. Other...
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Global Industry: McDonald’s Opens New Headquarters
Hamburg. (bm) McDonald’s Corporation opened its new corporate headquarters in Chicago’s vibrant West Loop neighborhood by unveiling the state-of-the-art building which had been covered in a 70-foot tall and 470-foot wide wrap dotted with Big Macs for the grand opening. President and CEO...
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Schön gemacht: ZDH stellt Jahrbuch 2017 vor
Berlin. (zdh) Das Handwerk verbindet seit jeher Tradition und Zukunft, Stabilität und Innovationskraft. Das macht das Handwerk stark – und das wird auch die nächste Generation im Handwerk stark machen. Dass diese nächste Generation «mit Biss» daherkommt, davon zeugt das Jahrbuch 2017...
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Global Industry: M+S closes over 100 stores
Hamburg. (bm) Marks and Spencer PLC (M+S) announced the next tranche of UK stores proposed for closure or set to close as it reshapes its UK store estate in line with its target to take at least a third of sales online. M+S will now close over 100 stores in total by 2022, including 21 that have...
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Global Industry: Intersnack to acquire Tyrrells
Hamburg. (bm) German Intersnack Group announced that it has reached an agreement for its KP Snacks business to acquire Tyrrells Inc. and its global portfolio of better-for-you, premium snack brands from The Hershey Company and its subsidiaries for an undisclosed sum. The Tyrrells...
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