PHILIP MORRIS COS., New York, said its Kraft Foods International unit had agreed to acquire coffee businesses in Bulgaria and Romania to expand its operations in those countries.
Slack first arrived at Blue Bottle in April of 2014 -- the company had acquired coffee delivery startup Tonx, including co-founder Nik Bauman, who now serves as Blue Bottle's director of digital products.
In July Diedrich ascended to the number two spot by acquiring Coffee People, the $35 million (sales) Castroville, Calif.
In a surprise move, Oakland-based cult coffee roaster Blue Bottle Coffee is acquiring two Los Angeles coffee businesses -- Handsome Coffee Roasters in the downtown Arts District and Tonx, the fresh-roasted subscription coffee service.
Last year, Benckiser acquired Caribou Coffee and Peet's Coffee & Tea in separate acquisitions for a combined $1.3 billion.
This year, Tata Tea bought a stake in the U.S. water manufacturer Glaceau for $677 million, and Tata Coffee acquired Eight O'Clock Coffee of the U.S. for $220 million.
Condiment competitor J.M. Smucker reported better than expected earnings on Wednesday, citing recently acquired Folgers coffee brand for almost half of its quarterly sales.
Blue Bottle to acquire Handsome Coffee and Tonx.
Along with the new cafe, Blue Bottle (which earlier this year acquired Handsome Coffee Roaster and Tonx) announced its Blue Bottle at Home subscription service, which features delivery of two-week supplies of coffee.
Years after this, a blond granddaughter acquires a coffee-colored sister, from Colombia.
We will be sure to please coffee connoisseurs that have acquired the craft coffee bug with unique single-origins, super fresh coffee from roasters that have worked hard to perfect their product.
