Coffee wars in store as former FTSE star seals his £6.4bn blend
- The Daily Telegraph - Joh A. Benckiser (JAB), the investment vehicle of the wealthy Reimann family, is to buy DE Master Blenders 1753, owner of Douwee Eg
- The Daily Telegraph -
Joh A. Benckiser (JAB), the investment vehicle of the wealthy Reimann family, is to buy DE Master Blenders 1753, owner of Douwee Egberts coffee and Pickwick tea, in a deal worth about euro 7.5bn (£6.4bn). It marks the latest tie-up inked by the investor as JAB looks to tap into consumers' insatiable thirst for caffeine, both in coffee shops and at home.