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Consumer goods: Capri-Sun owner Hans-Peter Wild re-enters business at 85

The billionaire is once again involved in the company's day-to-day operations after the dismissal of the company's CEO. The beverage manufacturer from Baden is facing several challenges.

Translated from German Read in German

Consumer goods: Capri-Sun owner Hans-Peter Wild re-enters business at 85

Capri-Sun owner Hans-Peter Wild, 85, has returned to the operational business of the company following the sudden departure of CEO Roland Weening. Weening was relieved of his duties at Capri Sun Group Holding AG last week, with the company citing no reasons. Hans-Peter Wild will continue to serve as Chairman of the Board, leading the company alongside existing executives and employees.

Capri-Sun sells around six million of its iconic drink pouches with aluminium every year, in over 100 countries, generating an external turnover of $1.4 billion annually.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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