SHARE

Private equity firm True in talks to take stake in German Doner Kebab

Private equity firm True is in advanced discussions to acquire a majority stake in the German Doner Kebab brand, which has around 180 locations, to support its next phase of growth in the UK and globally. Hero Brands is expected to retain a stake.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.