Löscher, Former Siemens CEO, Joins NPS Team
NPS, a pioneer in autonomous-sensing platforms, said Peter Löscher, former CEO of Siemens, has joined its advisory board as an Executive Advisor
Source: thebrakereport.com
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Peter Löscher, Former Siemens CEO, Joins NPS Team as Investor and Executive Advisor
/PRNewswire/ -- Neural Propulsion Systems (NPS), a pioneer in autonomous sensing platforms, today announced that Peter Löscher, former CEO of Siemens AG, has...
Source: prnewswire.com
Bin firm Biffa snaps up surplus food collectors Company Shop for £80m : CityAM
Waste disposal firm Biffa today said that it has bought surplus food group Company Shop for £82.5m. Company Shop, which describes itself as the country’s biggest surplus food firm, collects waste items and then redistributes them to its member organisations. Surplus produce can include production overruns, trial products, or produce that has been incorrectly labelled or packaged. Biffa chief exec Michael Topham said: “The acquisition of Company Shop Group strengthens Biffa’s leadership position in the UK circular economy. “Its redistribution services complement Biffa’s established...
Source: cityam.com
Biffa buys Company Shop in £82.5m food waste deal
The Grocer understands Biffa beat off rival bids from private equity investors to secure the deal
Source: thegrocer.co.uk
City Snapshot: Primark drags back grocery and sugar progress at ABF
Company Shop Ltd for an enterprise value of £82.5m. CSG prevents waste by identifying surplus produce and then collecting, processing and redistributing it for sale through its unique network of membership-based outlets, with surplus produce including production overruns, trial products, or produce that has been incorrectly labelled or packaged. CSG is the only commercial redistributor of scale in the UK, with “unrivalled operational capabilities and infrastructure which underpin its strong growth plans”. The deal will leverage Biffa’s position as the UK’s leading sustainable waste m...
Source: thegrocer.co.uk