philmophlegm: (Reginald Iolanthe Perrin)
[personal profile] philmophlegm
Which of the following lovely friendly companies is actually a front for an evil multinational?

Ben & Jerry's Ice Cream
Harris & Hoole coffee shops
Innocent Smoothies
PJ's Smoothies
Green & Black's chocolate
Teapigs tea
Sunshine Desserts



The answer is that to some extent, all of them are. (Well, except for Sunshine Desserts, which is where Reggie Perrin worked.)

Ben & Jerry's is part of Unilever. Harris & Hoole is 49% owned by Tesco (so probably an associate rather than a subsidiary, although I haven't checked the accounts). Innocent is a Coca-Cola subsidiary. PJ's is Pepsi. Green & Black's is Kraft. Teapigs is Tata.

I'll let you decide for yourself if this is a bad thing.

Date: 2013-01-16 01:34 pm (UTC)
From: [identity profile] philmophlegm.livejournal.com
It's an equity investment rather than a loan I think. (Although from a quick look at Tesco's 2012 accounts and I can't find mention of it, possibly because it's not material.)

Looking at the pictures of the stores, I think I would have assumed that it was a large chain. They certainly don't look like the kind of independent cafes I tend to frequent. More the sort of big city chains that sell brown liquids with bizarre names ending in the letter 'o'. Their website also makes it look like a company backed by big money.

Date: 2013-01-16 01:38 pm (UTC)
From: [identity profile] steer.livejournal.com
Yes, the question is certainly not whether they have the money from Tescos... that's sure, they've admitted it. They're well financed -- but unless you're the type who thinks that coffee is only good if made by a shoestring operation with no money then that's not an issue (is it?). The question is does this give Tesco any degree of control?

[I guess unless the reader objects fundamentally to Tesco making money -- which is not unreasonable.]

Profile

philmophlegm: (Default)
philmophlegm

March 2017

S M T W T F S
   1234
56 7891011
12131415161718
19202122232425
262728293031 

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags
Page generated Jul. 17th, 2025 09:27 am
Powered by Dreamwidth Studios