DE Master Blenders

Mondelez International has announced that it has reached an agreement with D.E Master Blenders 1753 B.V. to combine their respective coffee businesses to create a new “pure-play” company to be known as Jacobs Douwe Egberts. The new company, which will have annual revenues of more than $7 billion, will be based in the Netherlands and will bring together the brands Jacobs, Carte Noire, Gevalia, Kenco, Tassimo and Millicano from Mondelez …