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Top related persons:
Royal Unibrew - 1 Lars Jensen - 1 Louise Breusch Rasmussen - 1 Anna Ringstrom - 1
Top related locs:
COPENHAGEN Danish Europe Utrecht Netherlands
Top related orgs:
Heineken - 1 Unibrew - 1 Thomson - 1

Search resuls for: "Lars Jensen"


2 mentions found


☆ Royal Unibrew to buy Heineken's Vrumona
  + stars: | 2023-07-03 | by ( ) www.reuters.com   time to read: 1 min
COPENHAGEN, July 3 (Reuters) - Danish brewer and beverage group Royal Unibrew (RBREW.CO) has agreed to buy soft drinks maker Vrumona from Heineken (HEIN.AS) for 300 million euros ($327 million), it said on Monday. Royal Unibrew said in a statement it expected to close the deal in September or October and it would finance it through committed extended financing facilities with existing banks. "Vrumona will become a new growth platform for Royal Unibrew in continental Europe and is expected to drive organic earnings growth in the coming years," CEO Lars Jensen said. Royal Unibrew expects the acquisition of Vrumona, which is located near Utrecht in the Netherlands, be earnings-per-share accretive in 2024, it said. ($1 = 0.9183 euros)Reporting by Louise Breusch Rasmussen, editing by Anna RingstromOur Standards: The Thomson Reuters Trust Principles.
Persons: Royal Unibrew, Lars Jensen, Louise Breusch Rasmussen, Anna Ringstrom Organizations: Heineken, Unibrew, Thomson Locations: COPENHAGEN, Danish, Europe, Utrecht, Netherlands
☆ Maersk and MSC to End 2M Global Shipping Alliance
  + stars: | 2023-01-25 | by ( Costas Paris | Wade Miquelon | Chief Executive Of Retailer Joann Inc. | ) www.wsj.com   time to read: +6 min
Moeller-Maersk and Mediterranean Shipping Co. created the so-called 2M alliance in 2015 to help them reduce costs by sharing cargo on major ocean routes. Rivals formed similar partnerships, creating the Ocean Alliance and THE Alliance. Global trade volumes fell 9.5% year over year in November 2022, according to London-based Container Trade Statistics, and global shipping rates have been sliding at a steep pace since early last year. He said the winding down of 2M raised questions over the future of the other two alliances, Ocean Alliance and THE Alliance. So the in-transit issues and all the penalties have pretty much faded away.”Target said in an email that it renegotiates its shipping rates regularly.
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