Brief: Sligro Food And Heineken Enter Into Strategic Partnership Agreement

Sligro Food

01/12/2017 06:36

Dec 1 (Reuters) - Sligro Food Group Nv  SLIGR.AS : 
    * SLIGRO FOOD GROUP AND HEINEKEN ENTER INTO STRATEGIC 
PARTNERSHIP 
AGREEMENT 
    * SLIGRO WILL CARRY OUT HEINEKEN'S LOGISTICS OPERATIONS FOR 
THE 
DUTCH HOSPITALITY SECTOR 
    * NOT INCLUDED IN THE PARTNERSHIP IS THE DELIVERY OF TANK 
BEER, 
WHICH HEINEKEN WILL CONTINUE TO DO 
    * OVER NEXT FEW YRS TO INVEST AROUND 80 TO 100 MILLION IN 
INTEGRATED STATE-OF-THE-ART DISTRIBUTION NETWORK- CEO 
    * EXPECT TO BE ABLE TO ACHIEVE FULL SYNERGY - CEO 
    * IN ADDITION, HEINEKEN HAS SOLD THE WHOLESALE OPERATIONS OF 
THE 
OTHER FOOD AND NON-FOOD RANGE, INCLUDING SOFT DRINKS, WATERS, 
SPIRITS, WINES, TEA AND COFFEE TO SLIGRO 
    * PARTNERSHIP HAS A TERM OF 15 YRS 
 
Source text: http://bit.ly/2AiintH 
Further company coverage:  SLIGR.AS  
 
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