VIL 0.00% 6.4¢ veritas investments limited

Ann: GENERAL: VIL: Veritas announces General Manager for Nosh

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    • Release Date: 11/12/14 14:17
    • Summary: GENERAL: VIL: Veritas announces General Manager for Nosh
    • Price Sensitive: No
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    					VIL
    11/12/2014 14:17
    GENERAL
    NOT PRICE SENSITIVE
    REL: 1417 HRS Veritas Investments Limited
    
    GENERAL: VIL: Veritas announces General Manager for Nosh
    
    Media and NZX release
    11 December 2014
    
    VERITAS ANNOUNCES GENERAL MANAGER FOR NOSH
    
    Veritas Investments Limited (NZX:VIL) today confirmed the appointment of Rod
    de Vries as General Manager for the Nosh Food Market business it acquired on
    9th September 2014.
    
    Mr de Vries holds a Bachelor of Science degree and Post Graduate Diploma in
    Science, and has extensive experiene in the Food Retail sector. This has
    included several years as Chief Operating Officer for NZX-listed Restaurant
    Brands and previously as General Manager for the KFC and Pizza Hut
    businesses. More recently he was Director of Operations for market-leading
    food sevice company Compass Group.
    
    Chairman Mark Darrow commented "We are delighted to have someone with the
    experience and calibre of Rod joining Veritas to head up our Nosh business.
    We see enormous potential for Nosh and it is great to secure a top quality
    general manager to take it forward."
    
    Mr de Vries commences the new role with Nosh 19th January 2015.
    
    "Over the last few months, the business has been run by Mad Butcher CEO
    Michael Morton, and I would like to pass on my personal thanks to him for the
    extra workload post acquisition to get the improvement process underway."  Mr
    Darrow concluded.
    
    -ends-
    
    About Veritas Investments Limited
    Veritas Investments is an NZX-listed investment company focusing in the Food
    and Beverage sector.  The shell company was formed in December 2011 and made
    its first acquisition of the Mad Butcher franchisor business in May 2013
    through a reverse acquisition transaction.  A further investment was made in
    December 2013 for 50% of Kiwi Pacific Foods Limited. In September 2014
    Veritas acquired the Nosh Food Market business. On 28 November 2014 Veritas
    acquired The Better Bar Company group business.
    
    www.veritasinvestments.co.nz
    
    About Nosh
    Nosh Food Market is a market-style concept in food shopping bringing together
    the authenticity and expertise of butchery, bakery, delicatessen, the
    greengrocer and more under one roof. Nosh focuses on quality fresh food and
    produce at affordable market prices appealing to modern household shoppers.
    It employs qualified, food-loving people, all experts in fresh produce who
    enhance the Nosh shopping experience. Nosh enjoys an exclusive distribution
    arrangement with leading UK grocer Waitrose which provides access to a wide
    range of exciting international food products including exclusive lines from
    chefs such as Heston Blumenthal and Delia Smith. Current Nosh stores are
    located in Glen Innes, Greenlane, Mt Eden, Ponsonby, Constellation Drive,
    Matakana and Mt Maunganui.
    
    For further information please contact:
    
    Mark Darrow,
    Chairman,
    Veritas Investments,
    +64 21 88 88 58
    End CA:00258787 For:VIL    Type:GENERAL    Time:2014-12-11 14:17:02
    				
 
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