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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

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  • Keurig Says An Increasing Number Of K-Cups Are Recyclable
  • Single Cup Coffee's Torani K-Cups Win Canadian Product Of The Year Award
  • New Mars Drinks, LinkedIn Study Finds Half Of Workers Would Not Recommend Their Company To Job Seekers
  • Wolfgang Puck Coffee Extends 'Compostability' To Single-Serve Packaging

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