We were ‘copied in’ on this…
From Raymond Tunnisen
Chief Human Resources Officer, Pelican Rouge.
“In July 2016, we announced a strategic review of the business. In conjunction with our advisors we consider a number of different options and we are pleased to announce a transaction today which offers the best deal for all our stakeholders, including employees, clients and suppliers. As a combined group, we believe the company will be strongly placed to cement its position as a leading operator in the sector in Europe.
“This marks the start of new chapter for our company, opening many new opportunities to be a more attractive partner to our suppliers. The combination will create a leading vending operator and coffee services delivering further operational improvements and investments in innovation as well as an accelerated roll-out of new technologies, resulting in exciting new opportunities for our valued partners.
“The transaction is subject to customary closing conditions, including regulatory and other approvals. Closing is expected to take place by the end of Q2 2017. I ensure you that we will fully committed of being a reliable and valuable partner throughout this transaction. Until closing occurs, we will continue to conduct our business as usual.”
Pelican Rouge is one of the leading European coffee services providers with a strong focus on office coffee services (“OCS”) and HoReCa. Pelican Rouge Group has a long standing, complete coffee offering with coffee experience dating back to 1863 and owns and operates a roasting facility which supplies group companies and third parties with ingredients for coffee vending machines. Pelican Rouge is active in 8 countries, serving more than 150,000 customers globally through c.195,000 machines.
It’ll be interesting to see how it all pans out…
Related Stories:
Selecta To Acquire Pelican Rouge to create A Pan-European Vending Champion’ is HERE
Pelican Rouge Takeover: Independent Vending Operators React is HERE
