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Aegis Brands announces sale of Second Cup Coffee to Quebec-based Foodtastic

MISSISSAUGA, ON, Canada — Aegis Brands Inc. announced on February 8, 2021, that it has entered into a definitive agreement (the "Purchase Agreement") to...

illycaffè announces sale of a minority stake to global private equity firm Rhône Capital

TRIESTE, Italy, NEW YORK, U.S. and LONDON, UK – illycaffè S.p.A., a leading global premium coffee brand, based in Trieste, Italy, announced Saturday the...

Mondelēz stake in Keurig Dr Pepper is down to 8.4% with continuation of two Board seats

BURLINGTON, Mass. and PLANO, Texas, U.S. – Keurig Dr Pepper Inc (NASDAQ: KDP) today announced that JAB majority-owned subsidiary Maple Holdings B.V. ("Maple") and...

Kraft Heinz sells its Natural Cheese Business to Groupe Lactalis for $3.2 billion

PITTSBURGH & CHICAGO, U.S. – The Kraft Heinz Company announced yesterday that it has entered into a definitive agreement to sell its Natural, Grated,...

Café Coffee Day operator appoints Ernst & Young for due diligence of coffee business

MILAN – Coffee Day Global, which manages the coffee business of Coffee Day Enterprises Ltd (CDEL), has appointed Ernst & Young to perform preliminary...

Cott rebrands following Primo Water acquisition and sale of S&D Coffee and Tea

TAMPA, FL, U.S. - Cott Corporation has announced the completion of the acquisition of Primo Water Corporation ("Primo"), a leading provider of water dispensers,...

Cott announces closing of the sale of S&D Coffee and Tea to Westrock Coffee

TAMPA, FL, U.S. - Cott Corporation continues its transition into a pure-play water solutions provider with today's announcement that it has closed the previously...

Here is why Brits are falling out of love with the standard black tea

MILAN — Unilever has announced a strategic review of its tea division, which generated €2.9bn of sales last year, following last week’s quarterly results...

Illycaffè may sell a 20% stake to to support its expansion in the US market

MILAN – Italian gourmet coffee roaster illycaffè has launched the sale of a minority stake, reports Bloomberg quoting a private source. The Trieste-based coffee...

Generational Equity advises K&F Coffee Roasters in sale to a private investor

DALLAS, U.S. – Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client,...

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