Beverage News

Green Mountain acquires Diedrich Coffee

May 13, 2010
/ Print / Reprints /
ShareMore
/ Text Size+

Green Mountain Coffee Roasters Inc.(GMCR), Waterbury, Vt., completed its purchase of Diedrich Coffee Inc., Irvine, Calif., for approximately $300 million.

“We are pleased to welcome Diedrich Coffee to the GMCR family,” said Lawrence J. Blanford, GMCR’s president and chief executive officer, in a statement. “We believe this combination provides significant growth opportunities and further advances GMCR’s objective of becoming a leader in the coffee and coffeemaker business.”

The acquisition includes Diedrich Coffee’s manufacturing and distribution facilities in California. Diedrich Coffee specializes in sourcing, roasting and selling coffee under several brands, including Diedrich Coffee, Coffee People and Gloria Jean’s Coffees.

GMCR announced the merger agreement in December. Peet’s Coffee & Tea Inc., Emeryville, Calif., also made an offer for merger, which was terminated upon GMCR’s offer. Diedrich Coffee and GMCR’s merger was approved by the Federal Trade Commission on May 10.

 Did you enjoy this article? Click here to subscribe to Beverage Industry.  

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

Wine Riot - Chicago

Second Glass hosted Wine Riot in Chicago on May 2 and 3. Wine Riot offered attendees an all-access pass to hundreds of new wines as well as multiple educational sessions about different wine styles and varietals. (Photos by Jennifer Haderspeck)

6/25/14 2:00 pm EDT

Crafting growth: A look into the bourgeoning craft beer market

Learn how the beer segment is performing and where it is heading, what to consider before expanding your markets and innovations that are captivating consumer audiences.

Podcasts

Maintaining beverage dispensing equipment

Iuliana Nita, Saint-Gobain Performance Plastics global marketing manager of food and beverage, offers her insights about ensuring sanitary performance of beverage dispensing equipment in foodservice applications. She also will offer some tips about choosing the right kind of tubing to handle acidic beverages.

Beverage Industry Magazine

BI July 2014 cover

2014 July

The July 2014 Beverage Industry includes a cover story on the 2014 State of the Industry, as well as articles about PepsiCo Americas Beverages, Rooibee Red Tea kids line, and more. Check it out today!

Table Of Contents Subscribe

Beverage Insider eNewsletter

Are you an Insider? Subscribe to Beverage Industry’s weekly e-newsletter to receive news headlines, new product information and magazine highlights.   

Best Beverage Categories

Which beverage category will perform the best in the second half of 2014?
View Results Poll Archive

THE BEVERAGE INDUSTRY STORE

cleaning-in-place-dairy-foo.gif
Cleaning-in-Place: Dairy, Food and Beverage Operations, 3rd Edition

This book addresses the principles of cleaning operations, water supply issues and the science of detergents and disinfectants.

More Products

Webinars

Beverage Industry Webinars are an easy, effective and convenient way to get educated and informed on the latest industry trends and topics. All Webinars are FREE unless indicated. For more information, check out our Events page!

STAY CONNECTED

facebook40 twitter    youtubelinkedgoogle+ icon 40px