TITLE

Diedrich Coffee Divests Retail Unit

AUTHOR(S)
Davis, Avram
PUB. DATE
June 2009
SOURCE
Mergers & Acquisitions Report;6/22/2009, Vol. 22 Issue 25, p27
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of Diedrich Coffee to close its retail business to focus on coffee distribution. The company will sell its U.S. franchise locations to Praise International North American Inc. According to the article, the single-cup coffee brewing industry has experienced growth and there has been an increase in mergers and acquisitions (M&A) activity and joint ventures in the sector. Diedrich will focus on distribution of Diedrich Coffee, Gloria Jean's Coffees and Coffee People.
ACCESSION #
44148458

 

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