QUICK LINKS: Videos  |  Micromarkets |

Redemption Report

|

Classifieds

|

Buy a Classified Ad

|

Editorial Calendars

|

Circulation Data

|

Downloads

|

Bookstore

|

Date Book

Search:      

Bookmark this site




Issue Date: Vol. 50, No. 6, June 2010, Posted On: 5/26/2010


Green Mountain Coffee Roasters Completes Diedrich Acquisition


Emily Jed
Emily@vendingtimes.net
Green Mountain Coffee Roasters, Diedrich Coffee, Keurig, coffee roaster, coffee brewer, office coffee service, vending machine business

WATERBURY, VT -- Green Mountain Coffee Roasters Inc. has completed its acquisition of Diedrich Coffee Inc. for $35 a share of common stock in cash in a transaction valued at $300 million.

As a result, Diedrich Coffee is now a wholly owned subsidiary of the Vermont-based coffee roaster, which has integrated the company into its specialty coffee business unit. The combined company will operate manufacturing and distribution facilities in Waterbury and Essex, VT; Castroville, CA; Knoxville, TN; Sumner, WA; and Toronto.

Diedrich markets Diedrich, Coffee People and Gloria Jean's coffees through office coffee service distributors, restaurants, retailers and online. Green Mountain's specialty coffee business unit produces coffee, tea and hot cocoa


Topic: Coffee Service News

Articles:
  • NCA Will Preview 2016 Coffee Drinking Survey At Annual Convention In Mid-March
  • Fred Schaeffer Becomes President Of Mother Parkers Tea & Coffee
  • Study Dispels Link Between Caffeine And Heart Palpitations
  • Colombia Yields Record Coffee Crop In 2015
  • Flavia's Creation 500 Brews Up New Hot Options For Office Refreshments

Copyright © 2016 Vending Times Inc. All rights reserved. 
P: (516) 442-1850 | F: (516) 442-1849 | subscriptions@vendingtimes.net
55 Maple Ave. - Ste. 304, Rockville Centre, NY 11570