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Peet's Coffee is a San Francisco Bay Area-based specialty coffee roaster and retailer owned by JAB Holding Company via 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 1984, Starbucks acquired Peet's Coffee & Tea. [4] In 1987, Bowker and Baldwin sold Starbucks to Howard Schultz and a group of investors. Bowker then left the coffee business, but was later on Peet's board of directors from 1994 to 2008.
Peet's Coffee & Tea said on Monday it is set to be acquired by Joh. A. Benckiser for about $1 billion, a move that would give Peet's a financial jolt as it competes against larger coffee and tea ...
Alfred H. Peet (March 10, 1920 – August 29, 2007) was a Dutch-American entrepreneur and the founder of Peet's Coffee & Tea in Berkeley, California, in 1966. Peet is widely credited with starting the specialty coffee revolution in the US.
Travis has worked various jobs in the coffee industry since 2005, when he worked at a shop in San Francisco. ... They’ll serve coffee blends from Arkansas-based Onyx and California-based Peet ...
Peet's Coffee & Tea, Inc. (NAS: PEET) is the premier specialty coffee and tea company in the United States. The company was founded in 1966 in Berkeley, Calif. by Alfred Peet.
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.
Peet's Coffee & Tea (PEET) has more in common with Starbucks (SBUX) than their well-roasted flagship beverages; the two companies share an origin story. The three founders of Starbucks modeled ...
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