2023 Year In ReviewThe Biggest Coffee Business News Stories of 2023
To kick off our 2023 Year in Review series, we look back on some of the biggest business stories of the year in the specialty coffee industry. As they have...
acquisitions
2023 Year In Review
acquisitionsChobani Buys La Colombe Coffee for $900 Million
New York State-based packaged yogurt giant Chobani has acquired Philadelphia-born coffee company La Colombe for $900 million. The deal follows nearly a decade’s worth of interest in the coffee company...
acquisitionsCoffee-Focused Conglomerate JAB Names Joachim Creus CEO
Coffee-focused conglomerate JAB has named managing partner Joachim Creus as its new CEO. Creus will succeed Olivier Goudet, who is staying with the company as a personal investor and advisor. JAB...
acquisitionsNY Firm General Atlantic Acquires Joe & the Juice for $641 Million
New York-based investment firm General Atlantic is acquiring a majority stake in the European-born cafe chain Joe & the Juice. According to reports from Bloomberg and Yahoo Finance, the buyout...
acquisitionsNY Firm General Atlantic Acquires Joe & the Juice for $641 Million
New York-based investment firm General Atlantic is acquiring a majority stake in the European-born cafe chain Joe & the Juice. According to reports from Bloomberg and Yahoo Finance, the buyout...
acquisitionsRegal Ware Sells French Press Brand Espro to Toronto’s DKK
Home manual coffee equipment maker Espro (styled as “ESPRO” by the brand) has been acquired by DKK, a Canadian company with Chinese manufacturing ties that owns two other home beverage...
acquisitionsO’Neill Coffee Acquired by Fellow Western PA Company Howe
Two long-running Western Pennsylvania coffee roasting companies have combined forces, as George J. Howe Company (a.k.a. Howe) has acquired the roasting and wholesale business of O’Neill Coffee Roasters. The financial...
acquisitionsWith New Owner, Method Coffee Roasters Opens Second Denver Cafe
Under new ownership, Denver’s Method Coffee Roasters has opened its second retail cafe, a colorful hub for freshly roasted coffees alongside literature and art. Inside the 1,200-square-foot Lincoln Park space...