Sara Lee buys Dutch chain CoffeeCompany
US food and drink giant Sara Lee has reached a deal to take over the Netherlands’ biggest coffee house chain CoffeeCompany.
Sara Lee owns the Dutch coffee brand Douwe Egberts.
CoffeeCompany, majority owned by private equity group KRC Capital, has a network of 60 cafes throughout the Netherlands.
Financial details were not disclosed.
The acquisition is in line with Sara Lee’s strategy to develop a specialised tea and coffee company which is ‘ready for strong growth,’ Sara Lee director Jan Bennink is quoted as saying.
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