SCB Global Java acquires White Tale Coffee in US

SCB Global Java has announced the acquisition of White Tale Coffee, which offers premium single-origin coffee.

Financial details of the acquisition are yet to be divulged by either company.

Speaking of the acquisition, White Tale Coffee founders Nico Anzellini and Tomás Gutiérrez said: “We are very much looking forward to being part of the SCB Global Java family.

“The premium coffee platform that they are building appealed to us, as they respect the individuality of each brand while bringing economies of scale to a number of functional areas that are challenges for standalone businesses.”

Located in Denver, Colorado, White Tale offers premium single-origin coffee primarily through an e-commerce subscription platform.

Under the terms of the deal, the founders of White Tale will retain an ownership interest SCB Global Java.

The acquisition, which is said to be SCB Global Java’s third investment, is expected to boost direct to consumer offering of speciality coffee platform.

Additionally, SCB Global Java has appointed Robert Novick as the new chief executive officer of the company.

Novick said: “I couldn’t be more excited to join SCB Global Java. Our leadership team, advisors, and brands position us for significant growth and an exciting future.

“We are very excited to announce the acquisition of White Tale Coffee. The brand and brand promise that White Tale has created fills a very important segment of SCB Global Java’s premium coffee ecosystem.

“We are also excited to leverage the direct-to-consumer technology platform that White Tale has developed. In today’s environment, it’s critical to differentiate and reach consumers on their terms.

“This unique platform will allow us to not only introduce more people to White Tale but also to expand the direct to consumer offerings among our other speciality coffee brands.”