German beverage producers Karlsberg Getränke Verbund and Warsteiner will pool their resources to jointly establish an independent purchasing company.
The service company will negotiate framework agreements with suppliers on behalf of its members, who will then be able to purchase the goods independently
The two beverage companies are seeking to improve purchasing and supply conditions while optimizing the consistent provision of goods to their customers.
According to Helmut Hörz, chief executive and finance officer at Warsteiner, the current political and economic situation makes it essential that we ensure the reliable supply of our production facilities.
Markus Meyer, CEO of Karlsberg, added that be it the malt shortage or bottlenecks impacting packaging materials, their industry is facing the same challenges.
With the planned purchasing company, the beverage companies are working together to offer a solution that is beneficial to everyone — members, suppliers, and customers alike.
The project is awaiting approval by antitrust authorities.


Office design isn’t keeping up with post-COVID work styles - here’s what workers really want
6 simple questions to tell if a ‘finfluencer’ is more flash than cash
Debate over H-1B visas shines spotlight on US tech worker shortages
Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Trump Extends AGOA Trade Program for Africa Through 2026, Supporting Jobs and U.S.-Africa Trade
How to support someone who is grieving: five research-backed strategies
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
CK Hutchison Unit Launches Arbitration Against Panama Over Port Concessions Ruling
Australia’s Corporate Regulator Urges Pension Funds to Boost Technology Investment as Industry Grows
Gold Prices Rebound Near Key Levels as U.S.-Iran Tensions Boost Safe-Haven Demand
The Beauty Beneath the Expressway: A Journey from Self to Service
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Can your cat recognise you by scent? New study shows it’s likely
US-India Trade Bombshell: Tariffs Slashed to 18% — Rupee Soars, Sensex Explodes 



