MILAN – Jacobs Douwe Egberts, a subsidiary of the largest pure-play coffee and tea company in the world, has announced the acquisition of Repa AG and Fruchthof Aktiengesellschaft. Both companies are based in Hendschiken, Switzerland. The target group supplies liquid concentrate of coffee, milk, cacao and tea as well as juice concentrate and is a provider of services related to coffee and juice machines in Switzerland.
Since 1982 Repa has been the Swiss distributor for Jacobs Douwe Egberts ‘ Cafitesse liquid coffee and machines, including delivery and technical service, while Fruchthof juice systems use the same frozen technology as Cafitesse.
The transaction is subject to customary closing conditions and expected to close in Q4 2020.
Lenz & Staehelin advises Jacobs Douwe Egberts in this transaction. The team includes Tino Gaberthüel, Simone Ehrsam and Lukas Held (all M&A) as well as Veronique Amrein (Employment).
JDE Peet’s is the world’s largest pure-play coffee and tea group by revenue, serving approximately 130 billion cups of coffee and tea in the financial year ended 31 December 2019 in more than 100 developed and emerging countries.
With a portfolio of more than 50 leading global, regional and local coffee and tea brands, JDE Peet’s offers an extensive range of high-quality and innovative coffee and tea products and solutions to serve consumer needs across markets, consumer preferences and price levels.
In 2019, JDE Peet’s generated total salesof EUR 6.9 billion and had on average 21,255 employees worldwide.