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Tully sold its North American wholesale coffee-bean distribution business, brand (which it licensed back for $1/year in perpetuity), and roasting operation to Green Mountain Coffee Roasters in 2009, earning $40.3 million in the deal, allowing the company to pay off 100% of its debt, including trade debt, make a cash distribution to shareholders, and maintain substantial cash reserves for the ...
Today, the company operates some 30 Canadian stores under the Timothy's name. Timothy's also operates a wholesale coffee business, supplies office coffee service companies, packages coffee in K-Cups for Keurig home and office brewers, and has a distribution program in large chain hotels, grocery stores, sports clubs and similar venues.
Keurig (/ ˈ k j ʊər ɪ ɡ /) is a beverage brewing system for home and commercial use.The American company Keurig Dr Pepper manufactures the machines. The main Keurig products are K-Cup pods, which are single-serve coffee containers; other beverage pods; and the proprietary machines that use these pods to make beverages.
As far as java sippers go, Green Mountain Coffee Roasters (GMCR) is hot. This Vermont company has seen its Keurig devices become the brewer of choice among fans of premium coffee in one-cup servings.
In a joint announcement between Green Mountain Coffee Roasters Coca-Cola , the two companies announced they will be working on a Coke-branded single-service cold beverage dispenser much like the K ...
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