ISTANBUL, Turkey – Jacobs Douwe Egberts (JDE) and Ofcay have announced a joint-venture of their Turkish businesses.
“This partnership will open up new growth opportunities in the Turkish hot beverages space, create synergies for both companies through the combination of both JDE’s International dimension and expertise in coffee with Ofçay’s local expertise in tea,” JDE said in a statement on their website.
JDE is well known in Turkey for its Jacobs Brands, brings over 265 years of coffee expertise, while Ofcay, has been at the forefront of the Turkish tea category since its creation in 1985.
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