Cott to divest S&D Coffee and Tea business for $405m
Bottled and canned carbonated beverages distributor Cott has agreed to sell its S&D Coffee and Tea business to US-based Westrock Coffee Company for $405m.
Bottled and canned carbonated beverages distributor Cott has agreed to sell its S&D Coffee and Tea business to US-based Westrock Coffee Company for $405m.
British-Dutch transnational consumer goods company Unilever has announced that it has started reviewing its global tea business.
Aegis Brands, the parent company of Canadian coffee roaster Second Cup Coffee, has completed the acquisition of Ottawa-based Bridgehead Coffee.
Canada-based private label beverage manufacturer Cott Corporation has confirmed it is considering ‘strategic alternatives’ for its S&D Coffee and Tea division.
India-based tea retailer Chai Kings has received new investment from The Chennai Angels (TCA) along with Hyderabad Angels and TiE India Angels.
Nestlé’s Nespresso brand has signed a memorandum of understanding (MoU) with Gorongosa National Park in Mozambique to promote the local coffee industry.
Dutch beverage company Jacobs Douwe Egberts (JDE) is set to combine with Peet’s Coffee, exploring an initial public offering (IPO).
Private equity firm TA Associates has made an undisclosed strategic growth investment in Taiwanese tea brand Gong cha Group.
Chinese speciality tea retailer Urban Tea has completed the acquisition of 51% equity interest in Hunan 39 PU Tea.
Nestlé’s Nespresso brand has launched its first Puerto Rican coffee, Cafecito de Puerto Rico, in the US market.