Kansas city had pay a sum of $1.6 billion pound to enter…………….

Kansas city

In a federal court trial that ended last week, Lindt & Sprungli, the multinational chocolatier and confectionary company that paid $1.6 billion to acquire Russell Stover Candies in Kansas City in 2014, was granted $33 million. In 2022, the corporation sued the logistics company GXO Warehouse Co. in the U.S. District Court for the

District of Missouri.

Lindt claimed that it attempted to consolidate the warehouses for its expanding portfolio of chocolate brands following the completion of its acquisition of

 

(Ghirardelli, the third-oldest chocolate manufacturer in the US, is also owned by Lindt.) The revamp was managed by GXO, which was formerly known as XPO Logistics.

According to Lindt, the system that XPO Logistics had put in place malfunctioned in December 2018 and the first few months of 2019, interfering with the company’s busiest time of year for chocolate sales and resulting in “massive harm.” “Lindt lost millions of dollars in sales that it would have and should have ordinarily made because the Lindt companies (and Ghirardelli in particular) were unable to get their products on retail shelves and keep them stocked as necessary during this crucial time,” the complaint claims. “Lindt also incurred many millions of dollars in

additional expenses as a result of XPO’s shortcomings; these included paying customer fines for late deliveries, destroying or donating expired products, and deeply discounting holiday motif products that were delivered after the holidays.”

In addition, Lindt claimed that XPO Logistics had fabricated inventory records to make it appear as though the shipments had been finished when they hadn’t.

Be the first to comment

Leave a Reply

Your email address will not be published.


*