Amira Nature Foods Ltd Announces Appointment of Thomas Dennhardt as CEO of Its German Subsidiary, Amira Basmati Rice GmbH
22 Janeiro 2019 - 11:00AM
Business Wire
Amira Nature Foods Ltd (the "Company") (NYSE: ANFI), a global
provider of packaged Indian specialty rice, today announced the
appointment of Thomas Dennhardt to the role of Chief Executive
Officer (CEO) of Amira Basmati Rice GmbH, the Company’s German
subsidiary. The German subsidiary was purchased in 2014 and
contains many well established brands in Germany. Mr. Dennhardt
received an MBA from the European Business School and started his
career at Lidl, one of Europe’s largest food retailers. As Chief
Financial Officer of Lidl, Mr. Dennhardt assisted in building its
business in various European countries including Spain and the
United Kingdom. More recently, Mr. Dennhardt assisted in building
and turning around several other food-related businesses in the
United Kingdom and Germany.
Mr. Dennhardt commented, “I am very pleased to be joining Amira
and look forward to driving the development and execution of the
company’s corporate strategy in Germany going forward. We intend to
devote significant time and effort to pursuing various
opportunities in Germany, which we believe offer tremendous
opportunity for value creation.”
Karan A. Chanana, Amira’s Chairman commented, “We are very
pleased to have Thomas on board and look forward to leveraging his
expertise and track record in steering Amira’s German business
going forward. We believe the subsidiary is well positioned to
develop the German market and we look forward to Thomas helping us
develop that further.”
About Amira Nature Foods
Founded in 1915, Amira has evolved into a global provider of
packaged Indian specialty rice, with sales in over 40 countries
today. Amira sells Basmati rice, premium long-grain rice grown only
in certain regions of the Indian sub-continent, under their
flagship Amira brand as well as under other third party brands.
Amira sells its products primarily in emerging markets through a
broad distribution network. Amira’s headquarters are in Dubai,
United Arab Emirates, and it also has offices in India, Germany,
the United Kingdom, and the United States.
Cautionary Note on Forward-Looking Statements
This release contains forward-looking statements within the
meaning of the U.S. federal securities laws. These forward-looking
statements generally can be identified by phrases that we or our
members of management use such as “believe,” “expect,”
“anticipate,” “foresee,” “forecast,” “estimate” or other words or
phrases of similar import. Specifically, these statements include,
among other things, statements that describe our expectations for
the global rice market, the financial impact of new sales contracts
on our revenue, our expectations regarding the successful efforts
of our distribution partners, and other statements of management’s
beliefs, intentions or goals. It is uncertain whether any of the
events anticipated by the forward-looking statements will transpire
or occur, or if any of them do, what impact they will have on our
results of operations, financial condition, or the price of our
ordinary shares. These forward-looking statements involve certain
risks and uncertainties that could cause actual results to differ
materially from those indicated in such forward-looking statements,
including but not limited to our ability to perform our agreements
with customers; our ability to recognize revenue from our contracts
as planned; continued competitive pressures in the marketplace; our
reliance on a few customers and distribution partners for a
substantial part of our revenue; our ability to implement our
plans, forecasts and other expectations with respect to our
business and realize additional opportunities for growth; and the
other risks and important considerations contained and identified
in our filings with the Securities and Exchange Commission. All
forward-looking statements attributable to us or to persons acting
on our behalf are expressly qualified in their entirety by these
risk factors. Other than as required under the securities laws, we
undertake no obligation to update any forward-looking or other
statements herein, whether as a result of new information, future
events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20190122005191/en/
Miriam NasrallaThe Amira
Group+97144357303miriam.nasralla@theamiragroup.com
Amira Nature Foods (NYSE:ANFI)
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