announcement this morning
Breville Group Limited – Keurig Distribution Agreement
As indicated in Breville’s Half Year Report Announcement on 20 February 2013, Breville has been discussing with GMCR Canada Holding Inc. the terms upon which Breville’s Keurig distribution arrangement in Canada may continue after 30 June 2013.
Breville Group Limited now advises that the Keurig distribution arrangement for Canada will not extend beyond 30 June 2013.
CEO Jack Lord said “Our Breville branded business continues to grow in North America and we remain focused on building the Breville business globally through designing and developing the world’s best kitchen products. Breville has been proud to be associated with building the Keurig business in Canada which complemented the establishment of the Breville brand in North America.”
Breville continues to invest in new product development and has a strong pipeline of new innovative products. The Group continues to expand its geographic reach with the appointment of new international distributors and in mid-2013 will be launching into the UK market with a new brand. In Australia and New Zealand, Breville will be launching a range of Breville co-branded Nespresso machines entering the portioned espresso market for the first time.
announcement this morningBreville Group Limited – Keurig...
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