Peet’s Coffee & Tea Inc., which was owned by Starbucks in the 1980s, is being acquired by Joh. A. Benckiser, the investment vehicle for Germany’s Reimann family, for about $1 billion in cash and will take the company private. The deal is expected to close by October. Peet’s is a small coffee retailer based in [...]
Peet’s Coffee & Tea Sold For $1 Billion To Private Investment Group is a post from: The Inquisitr