Smuckers to Acquire a Majority of Sara Lee Foodservice Coffee Business
Publish Date:
October 27, 2011
The J. M. Smucker Company has announced the signing of a definitive agreement to acquire a majority of the North American foodservice coffee and hot beverage business of Sara Lee Corporation, a leading international coffee and tea company. The acquisition includes Sara Lee's market-leading liquid coffee concentrate business sold under the licensed Douwe Egberts brand, along with a variety of roast and ground coffee, cappuccino, tea, and cocoa products.
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