Netherlands-based coffee and tea major JDE Peet’s has announced that it has opened a modular innovation laboratory in Utrecht, Netherlands, to accelerate next-generation coffee breakthroughs. The new facility will focus on developing single-serve, capsule, ready-to-drink and instant formats, together with sustainable packaging innovations. It also features updated processing, heating and ventilation systems engineered to recover heat and lower energy consumption. Commenting on the move, JDE Peet’s chief R&D officer Carolyn …
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JDE Peet’s
Keurig Dr Pepper (KDP), the soft drinks and coffee firm, has announced that it has entered into an agreement to acquire Netherlands-based coffee and tea major JDE Peet’s for €15.7 billion ($18.21 billion). This transaction will combine Keurig, North America’s foremost single-serve coffee platform, with JDE Peet’s global coffee brands, building the world’s largest coffee company. On completion, KDP intends to establish two US-listed entities: Beverage Co in refreshment drinks …
Netherlands-based coffee and tea major JDE Peet’s has announced it has completed the acquisition of the tea and coffee business of Brazilian firm JAV. Terms of the deal, which includes brands such as Cafe Marata, Cafe Puro, Cha Marata and Cha Castellari and which was first announced last July, were not disclosed. In a statement, JDE Peet’s said the brands, which have a strong presence in the North and North-East …
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