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Peet's Coffee And Tea To Acquire Stumptown Coffee

On Tuesday Peet’s Coffee & Tea said it came to an agreement to buy its kind of Stumptown Coffee RoastersContinue Reading ....

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Peet's Coffee And Tea To Acquire Stumptown Coffee

On Tuesday Peet’s Coffee & Tea said it came to an agreement to buy its kind of Stumptown Coffee Roasters with a deal that could give Peet’s a greater foot shaped impression in the premium coffee market. Stumptown’s majority proprietor, private-equity firm TSG Consumer Partners LLC, had been working on a potential offer of the Portland, Ore.- based roaster and retailer. Duane Sorenson, Stumptown’s author, said he has sold his stake in the company. “I sold every one of my shares” to Peet’s, he said in an email. Peet’s is controlled by JAB Holding Co., which has forcefully pursued other… ....

United States , Ross Colbert , Los Angeles , Duane Sorenson , Colombe Torrefaction , Joe Derupo , National Coffee Association United States , Holding Co , Consumer Partners , Blue Bottle Coffee Co , Rabobank International , Tuesday Peet , Stumptown Coffee Roasters , Joth Ricci , Nitro Cold , Intelligentsia Coffee , Estate Coffee ,

Brad Micklin, Author at Thrasher Backer

Brad Micklin, Author at Thrasher Backer
thrasherbacker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thrasherbacker.com Daily Mail and Mail on Sunday newspapers.

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