s stake in JDE Peet’s NV for $2.3 billion, increasing its control over the struggling coffee maker as its shares trade near all-time lows. JAB, which manages the billionaire Reimann family’s ...

It’s the end of an era for a popular Clarendon coffee shop. After nearly a decade in business at 3003 Washington Blvd, Peet’s Coffee is closing on Sunday, Nov. 24, the company confirmed with ...

LUXEMBOURG — Investment firm JAB Holding Co. is acquiring Mondelez International’s stake in the coffee and tea company JDE Peet’s in a €2.16 billion ($2.34 billion) deal. Under the ...

The two firms merged their coffee businesses 10 years ago to create JDE, which also names a new CEO from Kraft Heinz. JAB Holding Co. will buy out Mondelez’s 86 million shares in JDE Peet’s for €25.10 ...

“JAB has strong conviction in the resilience of the global coffee sector and the long-term value creation prospects of JDE Peet’s. We are fully committed to remaining an anchor shareholder of ...

1, according to the company, replacing interim CEO Luc Vandevelde, who succeeded Fabien Simon in the position in March. JDE Peet’s, a multinational coffee giant whose U.S. subsidiaries in the ...

Founded in 1966, Peet's Coffee and Tea began as a single shop on the corner of Walnut Street and Vine Street in Berkeley, California. Since then, Peet's Coffee and Tea has grown to become a national ...

JAB announced that it agreed to acquire Mondelez’s (MDLZ) 86M shares in JDE Peet’s for EUR 25.10 per share. Additionally, JAB has distributed shares of JDE Peet’s to more than 70 limited ...