Green Mountain Coffee Roasters shells out $905 million.
Waterbury, Vermont - December 17, 2010
A major shake up in the coffee industry Friday.
Green Mountain Coffee Roasters has finalized a deal to buy the Canadian coffee company Van Houtte for $905 million.
Van Houtte employs nearly 2,000 people at its Montreal facility.
Excerpted from: WCAX.com article
Comment
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Comment by Mike McGinness on December 21, 2010 at 2:40pm
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These major shake ups are becoming more common with the coffee industry's big commercial players doing like many other business do, expanding by acquisition.
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