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It was formed in 2015 following the merger of the coffee division of the American Mondelez International with the Dutch Douwe Egberts as Jacobs Douwe Egberts. In December 2019, Jacobs Douwe Egberts (JDE) merged with Peet's Coffee to form JDE Peet's. This merger was followed by an initial public offering in 2020. [5]
The Jacobs Douwe Egberts factory (JDE factory) is a coffee producing factory in the Ruscote ward of Banbury, Oxfordshire, England. [ 1 ] [ 2 ] Built in the 1960s as a General Foods factory ( GF factory ) producing convenience food and drink including Bird's Custard , it subsequently changed ownership to Kraft Foods and Mondelez .
In May 2014, D.E Master Blenders 1753 announced to acquire a majority stake in Mondelez's coffee business (outside of France) to form Jacobs Douwe Egberts, it would combine brands Jacobs, Carte Noire, Gevalia, Kenco, Tassimo and Millicano from Mondelez International and Douwe Egberts, L'OR, Pilao and Senseo from D.E Master Blenders. [16]
Concurrently, Moody's has upgraded to Baa3 from Ba1 the senior unsecured rating on the outstanding E3.7 billion term loan A borrowed by Jacobs Douwe Egberts International B.V. ("JDE International ...
Douwe Egberts is a Dutch brand of coffee which is majority-owned by JDE Peet's. It was founded in Joure, Netherlands, by Egbert Douwes in 1753 as De Witte Os ("The White Ox"), a general grocery shop. The company later started dealing specifically in coffee, tea, and tobacco.
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Jacobs (German pronunciation: [ˈjaːkɔps]) is a brand of coffee that traces its beginnings to 1895 in Germany by Johann Jacobs (1869 in Borgfeld , Bremen – 1958 in Bremen) and is today marketed in Europe by JDE Peet's.
Rothesay (formerly Rothesay Life) is a British pension insurance company based in the United Kingdom. A former subsidiary of Goldman Sachs, it is owned by Singaporean sovereign wealth fund GIC and American insurer MassMutual.