Anonymous ID: 469ad5 March 2, 2020, 2:43 p.m. No.8302441   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

Coty Inc., CEO sold and Cottage Holdco B.V. bought: $37.47m-Feb27

 

On February 27, 2020, Cottage Holdco B.V. and Pierre Laubies entered into a stock purchase agreement pursuant to which Mr. Laubies agreed to sell, and Cottage Holdco B.V. agreed to purchase, 3,260,329 shares of Class A Common Stock held by Mr. Laubies.

 

Cottage Holdco B.V. filing lists these as the reporting person(s:) Agnaten SE, Lucresca SE, JAB Cosmetics B.V., JAB Holdings B.V.,

 

JAB Holding Company

Owned by Germanyโ€™s Reimann family, 90% of JAB belongs to four of the nine adopted children of the late Albert Reimann Jr. [de] (1898โ€“1984). They trace their wealth to chemist Ludwig Reimann, who, in 1828, joined with Johann Adam Benckiser (founder of the namesake chemical company). Reimann married one of Benckiser's daughters and ended up owning the business. Great-grandson Albert Reimann Jr. took over after his father died in 1952 and added consumer goods. Initially, each of the nine children had inherited 11.1% ownership in JAB upon Albert's death in 1984. In the following years, five of the heirs sold their stakes to the other four: Matthias Reimann-Andersen, Renate Reimann-Haas, Stefan Reimann-Andersen and Wolfgang Reimann. As of January 2015, each of the four owns about $3.8 billion in JAB shares.

 

The primary shareholder of JAB, as listed in its 2016 Consolidated Financial Statements, is Austrian-domiciled company Agnaten SE. Agnaten is listed, by PrivCo, as a subsidiary of Joh. A. Benckiser GmbH, the investment vehicle of the Reimann family.

 

German family that owns Keurig Dr. Pepper uncovers Nazi past

The patriarchs of the German family that owns Keurig Dr. Pepper were supporters of Adolf Hitler and used Russian civilians and French prisoners of war as forced laborers in their industrial chemicals company, according to a family spokesman.Peter Harf, one of two managing partners of Luxembourg-based JAB Holding Co., which owns Keurig Dr Pepper, told the German newspaper Bild that Albert Reimann Sr. and Albert Reimann Jr., who died in 1954 and 1984 respectively, had "actually belonged in prison." Bild reported that Reimann Junior was aware that forced laborers at his factory were regularly beaten and abused. Harf told Bild that JAB Holding plans to donate about $11 million to a "suitable organization," after learning of its past. The family commissioned a historian at Munich University, Paul Erker, to study its ties to the Nazi regime, according to the Washington Post.

https://www.burlingtonfreepress.com/story/news/2019/03/26/nazi-past-owner-keurig-dr-pepper-uncovers-links-nazi-regime/3270887002/

https://www.finviz.com/insidertrading.ashx?oc=1767648&tc=7