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Peet's Coffee is a San Francisco Bay Area-based specialty coffee roaster and retailer owned by Dutch multinational coffee and tea company JDE Peet's.Founded in 1966 by Alfred Peet in Berkeley, California, Peet's introduced the United States to its darker roasted Arabica coffee in blends including French roast and grades appropriate for espresso drinks.
In October 2015, Peet's Coffee & Tea acquired Portland, Oregon's Stumptown Coffee in a deal whose terms were not disclosed, [18] and in the same month acquired a majority stake in Chicago-based Intelligentsia Coffee & Tea. [19] In March 2016, JAB and other investors acquired Keurig Green Mountain for $13.9 billion.
In 2015 Jacobs Douwe Egberts merged with Peet's Coffee, both now majority-owned by JAB Holding, to form JDE Peet's. [11] [12] On May 29, 2020, JDE Peet's raised $2.5 billion by taking the company public on the Euronext Amsterdam stock exchange in a deal that valued the company at $17.3 billion.
JAB Completes Acquisition of Peet's Coffee & Tea, Inc. EMERYVILLE, Calif.--(BUSINESS WIRE) ... Peet's Investor Contact: Seanna Allen, 510-594-2196 investorrelations@peets.com or
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The three founders of Starbucks modeled their coffee-roasting company on Peet's, and bought their beans from Alfred Peet in 1971. The Seattleites grew more quickly than their Californian kin ...
Intelligentsia Coffee is an American coffee roasting company and retailer based in Chicago, Illinois. Founded in 1995 by Doug Zell and Emily Mange, Intelligentsia is considered a major representative of third-wave coffee in the United States. In 2015, Peet's Coffee & Tea (itself part of JAB Holding Company) acquired a majority stake in the ...
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