Media Coverage

JAB sets up euro3bn coffee challenge to Nestlè by combining big brands

Scritto da Consorzio E.S.E. | 18/12/2019
- Financial Times -

The investment company will merge Jacobs Douwe Egberts Group and Peet's Coffee, a premium retail US brand, into a single entity to prepare for the listing. After floating, JDE Peet's would be the biggest publicly traded coffee company, with about euro7bn in annual sales.