0001193125-12-305545.txt : 20120718 0001193125-12-305545.hdr.sgml : 20120718 20120718092417 ACCESSION NUMBER: 0001193125-12-305545 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20120718 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120718 DATE AS OF CHANGE: 20120718 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DUNKIN' BRANDS GROUP, INC. CENTRAL INDEX KEY: 0001357204 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING & DRINKING PLACES [5810] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35258 FILM NUMBER: 12966970 BUSINESS ADDRESS: STREET 1: 130 ROYALL STREET CITY: CANTON STATE: MA ZIP: 02021 BUSINESS PHONE: 7817374516 MAIL ADDRESS: STREET 1: 130 ROYALL STREET CITY: CANTON STATE: MA ZIP: 02021 FORMER COMPANY: FORMER CONFORMED NAME: DUNKIN' BRANDS GROUP HOLDINGS, INC. DATE OF NAME CHANGE: 20100401 FORMER COMPANY: FORMER CONFORMED NAME: DUNKIN' BRANDS GROUP HOLDINGS, INC DATE OF NAME CHANGE: 20100401 FORMER COMPANY: FORMER CONFORMED NAME: DUNKIN BRANDS GROUP HOLDINGS, INC DATE OF NAME CHANGE: 20090821 8-K 1 d381466d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 18, 2012

 

 

DUNKIN’ BRANDS GROUP, INC.

(Exact name of registrant as specified in its charter)

 

 

Delaware

(State or Other Jurisdiction of Incorporation)

 

001-35258   20-4145825

(Commission

File Number)

 

(IRS Employer

Identification Number)

130 Royall Street

Canton, Massachusetts 02021

(Address of registrant’s principal executive office)

(781) 737-3000

(Registrant’s telephone number)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 7.01. Regulation FD Disclosure.

On July 18, 2012, Baskin-Robbins issued a press release announcing that it will close its Peterborough, Ontario, Canada manufacturing plant in October 2012 and shift production to existing partner suppliers.

A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.

The information contained in this report, including the exhibit attached hereto, is being furnished and shall not be deemed “filed” for any purpose, and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, regardless of any general incorporation language in any such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

 

99.1    Press release of Baskin-Robbins dated July 18, 2012.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

DUNKIN’ BRANDS GROUP, INC.
By:  

/s/ Nigel Travis

  Nigel Travis
  Chief Executive Officer

Date: July 18, 2012

EX-99.1 2 d381466dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

 

LOGO

Contacts:

 

 

Bill Walker

General Manager

Fleishman-Hillard Toronto

416-645-8199

Bill.Walker@fleishman.ca

 

     

 

Michelle King

Director, Global Public Relations

Dunkin' Brands, Inc.

781-737-5200

Michelle.King@dunkinbrands.com

 

Baskin-Robbins to Close Manufacturing Plant in Peterborough, Ontario, Canada

Rapid Growth of Baskin-Robbins International Drove Decision

PETERBOROUGH, ONTARIO, CANADA (July 18, 2012) – In October 2012, Baskin-Robbins will close its Peterborough, Ontario, Canada manufacturing plant and shift production to existing partner suppliers. Production of ice cream for Baskin-Robbins shops located in Canada will shift to Scotsburn Dairy of Truro, Nova Scotia. The dairy already produces Baskin-Robbins ice cream products.

“We deeply regret the need to close the Peterborough plant, but the facility, which is already operating around the clock, is unable to keep up with the demands of our rapidly growing international business,” said Peter Laport, Vice President, Global Strategic Manufacturing and Supply, Baskin-Robbins. “We have explored other options, but modernizing the facility and adding capacity are unfortunately not viable. We appreciate the dedication of our Peterborough employees and are committed to help them through this transition.”

All Baskin-Robbins employees at the plant will be offered severance compensation and benefits that include counseling, resume support and career planning assistance.

Eighty people work at the Peterborough plant. Forty-six of those employees are represented by Canadian Auto Workers (CAW) union, and Baskin-Robbins will work with the union in regard to the closure. Approximately 15 positions will be eliminated by the end of July, with the remaining positions phased out as plant operations ramp down and the facility closes by mid-October. A few managers will stay on until the end of the year.

Currently, the Peterborough plant produces ice cream for approximately one-third of Baskin-Robbins’ more than 4,200 shops outside the United States. Ice cream that had been produced in Peterborough for shops other than those in Canada will shift to Dean Foods. This will support Baskin-Robbins’ increasing need to provide ice cream to a growing number of international franchisees and their customers. It also provides several other important business benefits:

 

   

Innovation – provides more opportunity to create new Baskin-Robbins flavors and ice cream products

 

   

Supply chain – enables potential to manufacture at additional Dean Food plants, supporting continuity of supply and future growth

 

   

Sourcing effectiveness – moves production closer to primary ingredient suppliers

Another significant factor in the closure decision is Baskin-Robbins’ strategy to transition entirely to third-party companies to manufacture its ice cream.


“Peterborough is the only remaining manufacturing facility we operate in North America,” said Laport. “We believe it makes sense to focus on our core skills of franchising, retail and product innovation, rather than ice cream production.”

The Company expects to incur one-time charges in 2012 of approximately $16 million to $18 million, including a $4 million non-cash charge, associated with the closing of the plant. Beginning in 2013, the Company currently expects annual savings of approximately $4 million to $5 million as a result of transferring production to third-party manufacturers.

Baskin-Robbins remains committed to the Canadian market, where it has a total of 113 franchised shops with approximately 550 full-time and part-time employees. In addition to continuing to manufacture ice cream for Canadian shops at the Scotsburn Dairy in Nova Scotia, the company is actively recruiting additional franchisees to expand its current base of Baskin-Robbins shops in Canada.

About Baskin-Robbins

Named the top ice cream and frozen dessert franchise in the United States by Entrepreneur magazine’s 31st annual Franchise 500® ranking, Baskin-Robbins is the world’s largest chain of ice cream specialty shops. Baskin-Robbins creates and markets innovative, premium hard scoop ice cream and soft serve, custom ice cream cakes and a full range of beverages, providing quality and value to consumers at more than 6,700 retail shops in nearly 50 countries. Baskin-Robbins was founded in 1945 by two ice cream enthusiasts whose passion led to the creation of more than 1,000 ice cream flavors and a wide variety of delicious treats. For the full-year 2011, Baskin-Robbins’ shops had global franchisee-reported sales of approximately $1.8 billion. For further information, visit www.BaskinRobbins.com.

###

GRAPHIC 3 g381466g37g04.gif GRAPHIC begin 644 g381466g37g04.gif M1TE&.#EA)`$X`'<`,2'^&E-O9G1W87)E.B!-:6-R;W-O9G0@3V9F:6-E`"'Y M!`$`````+``````D`2\`AP``````````,P``9@``F0``S```_P`S```S,P`S M9@`SF0`SS``S_P!F``!F,P!F9@!FF0!FS`!F_P"9``"9,P"99@"9F0"9S`"9 M_P#,``#,,P#,9@#,F0#,S`#,_P#_``#_,P#_9@#_F0#_S`#__S,``#,`,S,` M9C,`F3,`S#,`_S,S`#,S,S,S9C,SF3,SS#,S_S-F`#-F,S-F9C-FF3-FS#-F M_S.9`#.9,S.99C.9F3.9S#.9_S/,`#/,,S/,9C/,F3/,S#/,_S/_`#/_,S/_ M9C/_F3/_S#/__V8``&8`,V8`9F8`F68`S&8`_V8S`&8S,V8S9F8SF68SS&8S M_V9F`&9F,V9F9F9FF69FS&9F_V:9`&:9,V:99F:9F6:9S&:9_V;,`&;,,V;, M9F;,F6;,S&;,_V;_`&;_,V;_9F;_F6;_S&;__YD``)D`,YD`9ID`F9D`S)D` M_YDS`)DS,YDS9IDSF9DSS)DS_YEF`)EF,YEF9IEFF9EFS)EF_YF9`)F9,YF9 M9IF9F9F9S)F9_YG,`)G,,YG,9IG,F9G,S)G,_YG_`)G_,YG_9IG_F9G_S)G_ M_\P``,P`,\P`9LP`FW`BQI,F3*%.J7,FRI4N3V#@"B%G,EZ:;-HF!/+4Q MID)I-S79O$E,T[*8,F!8*ZQ<08<6HVH0 MZ-##FJ*U"BR8QI>L<_-JWLRYL\E67UQ03J"`=((OA=$6\]IUM4UIF0$L*^HZ M;=I3K@2;+EV#!BU7L3T+'TZ\+C9%N@4K%XRE\./GB8/";AP=<;1$-$@O5_Z% M%N/BX,.+_U>);7*"[('1GVX5C771][;5:OHN>S5\VJT2Z4Y_7O``&HG0-]Z` M!!9($"V4;5=988@U"-E0;!$D#5?0:0**-%\HN%T"+F1DX(<@"B0@9ZT,8EIV MI66712N.V693;?9IZ*,+@_WG88A$AA>3=W()UY:& ME=$235$.5MC:4D!%R5:&3"XW`&I%=DE<>5]8AH4BK7C&UWZ#<9A`#1E%,R$S MQ5`8WYRO);5,C/`M`]IY_:&7YFC`>>BHDXA-2C+F$3&)\IGO\W9$'.R*IO<($H%!Y.(`B67`+A*1C2( M>E^4J>P7`RA0<'/V0O1OGWPFFA`V[ME&KFSW=455>:X`R3!_--![T+80)5P0 M+=YBH>JK-`R0A7=>="?RH(_*Q*C'G(D*`'+*9<$O0=]1N]_.Y!VJ(;L&Q00E M9+T*%,VE7DE#J[M9IEHOI!PA=9+-"O&58'<-N8+E@@`,`N_+#\HWQ: MS3&5..3"I05,:ZDB8@>K`M8J!71)K=3_("QZ`88*,:^U.2WB,B_.F1E?P/[M M,<:)>!UY>93OS=!O6)RME5ZNEJ9`V2W"T54YB#R!13%IXKD)6(5Z6$().6$]3>@Y1,#``SU;2(7"+B8K6F>&TW^YH)EH)UO(AXP6#:$A$VL-";X`E/$2YH7M<& M,3KU..QCRT#+?4AB*5]D`CZ^8$MFEM>P(`%()ECPW'EH4`/_T"!9#-D3;P26 M->\-ICR*N,P7_[0R%XRU@H`S^9=NB#:35BAB$(H(',8TYCG44$4_B')%(G`7 M&"!%*TDPH=I,T%<9"YI(.<&38/]Z)T%7_,9&8G.4X+"61.;%AD'C\AW37A2< MV"W'-P/QXW8R.+Z9)$B.>B%>96BP*0-Q_A'H/%N,%^@Y"`5`;2% MH8>1""P-!-83G+9!DHC`>DX]F7D MF_3180*DE;5K(A!%I"&DB#(T.G!!4CV#R9L"B^?.5P7+,JTLB-#4M?\?>=+/ M:UP43>:VN)Q,'F<[G)2)UQ!ET"5Y"UYY5. MDR(&;'S'(`<=)3.M\*%R.`0T+"I(.P&*"4"C%2T+)@5]"*,C^6+(S^[Q:Z&5 M<><^F2,\L>4O;'^D5SBS\)\_^4>&75098_ABU`YJ!T7^42IE4D8S$5$&`AU5 MX#UCR4,G)@<+/STC:0A#*W/NK7-_.D\F9T(14.B(5V+A(<^P$0I>?85&]'EE M96`%NH%X,DTIH@&9P/14T@Q`-$3KVWFVE)%B$G$F$=GJB5Q`/'BZH&J_ZM[N M/$G8JCUP,"[@7P+`^KE2\E1!6?@"_I:3@#3_*J5;/15,\`B*QJ7<#E&5#59! M_7G)]$7$CVP5$2T4.1AE%EL>[OXX1/8A-WB_"T*G3X&3 M$2_X23#K(Q@Z1\E-K&IE4>CDVD!8^+U!C#5N>N6E*[0C&ID$>#>%C0DH!>.= M@L`-5E8<7(Y:DY8+72\BT[05;7(EP2WZ"%!SL1LZV>1AIJ+SQZ8)5"NRX"-1 M[L9X/ND171_Z7I2_)KEZ,^@4#M/)9+J8(>!XI).8@8)#Q<=2YTI-6I M=#LQU:>"-!JVAUK&=JQ8[12F&NHR:HFRR(*+R(2E=E[,PH3$?$ M%595Q##5AAI:[.<\:*TLEOKSO2;Z#47BLS.B;IPF)@/S4&OUR2LY1AK096PY M*+UUP^:*C1A7#(6WL9&ST[*CC7Q!D5<55J(+(KH$"<_5Q9.EB$B+Y,G$53`U M+&\"N:>KOMC`>9)%`W-SP#PVGA$N"9!F;=18114(!(_=4NVHQKLU1 M3`1DWE@Q(;>#U7=5RQO+<5H[4Q%KKW3-+>D,*P0 M3C#/%5:?C+([MKPU1$8%WNL0__)#RX3FEV8!;NN*",N#RI'T=FS.DJQ6T>#< MJ6$N;>/2^6AUCB+([JVR(G6P_V-?T/?5MS\I<\+>2J[_0";SGV)S9,.#C5N`$N&" MI@K=SKE!D:0Y,N3RKTC)/P8;KI!W6EQ!L MUV[CQW;_87UWAV`Z-@"V51!DD!!QVRDI6H`<$1H(DQ*84Z7 M%Q&Y!R\Q`TD^=![>46J+`V;]=EQ_5"86MAW_-4_+`3KE<4@_)83QHR$W"'G; M<81%4R634@RYXG'GDEZZT2%D4U_V535@-G4K=T@ZIW+DPUS-P7J"<6B=@F4) MLCW[1#,Z!R_'9'ST,8$-,R:R]6H*X`5\871;QC/DAVM3%7\P!0"1%$L[(V*Q MX@)6%'2DPS_*5@,YMWU\_[@X:I.'"#$ADT!-+>8TS6:)L,%V'!(D7@A@6>9@ MZS.%M14SB>`WGF.'=E,:Y*1<9R5E:B)@/K(R2K$;CV,ZI4&"(O)N5@=>'M15 MX\8I8R8^G:=Z>D-D!6409)1)L7.!G^9#A!2$H79^0OB,&_*)=+00!.=1N,50BH`%*O5=K#=U12@8MT1P^#4D^T2"6I,>F'9) MGL8S,Q-P@[6!:2)H+K95E:F'E:4G2?RE16^1"./U$O=3<#*5>R=G$.9AD^GQ+K(5 M6&K58#>68D[$DT]9@AG2%UG#1#&A,6"E:FC&;QE&"S@C5\'A"LHF=/;RC2*4 M(R21DK5Q,9A9&@NHC(A5BGHX:S^F6`1Q8K*(39Y"59=%%Z!!&*TD6P@4D_3# M*$)D&:LDD0:76V&%7HV41FWAE8,B9=?67B*6!>#YB5C_@48*\35X]C![=!.5 M(A'@^"**QH,@PWX%U3-:=&TU@#O,LA3TJ"$1Y!G%%Q-S)A@KLSB'>6\@V1$! MA#O9QA_W]#CFE`6HTS970SY'!$9Q04#-TR,=HQ"\Z("3&#$VP3[3ED+ZQ$&5 M(20B,T&R-0AH-2+E0:$'$5KC1$-]`B_?MQFD`DFC`R1D\C"NP$F1(YW;690K MZA:1MSXN(!J+%1'"L5`KR#/R27I+V&?5\V+2(!_JZ3N+\E`W^C1'M#XI\2S= MV1>)\"QN,3G3,A,U5`/>F34@XXP\PW_?0S6OESCR M\6(SP6*9DAD+@V^%U!(!A!7@J96H=]$6^S,FK!=/)-[5%@HFN&HJ!H5VP)E">`=7*$6K_DB$3(WH``?$DJQ$CQ;`3 M&I$U:6<]J0D\J_2FTCJNY&HV@^`6M%"LH&!7(#$6@28X7+&N(:H0[U-`Y'JO *^)JO^HH2`0$`.S\_ ` end