JDE Peet's

Caribou Coffee Enters Long-Term Strategic CPG License Agreement with JDE Peet's

Retrieved on: 
Thursday, January 18, 2024
Partnership, Coffee, JDE, JDE Peet's, Reindeer, Caribou Coffee

MINNEAPOLIS, Jan. 18, 2024 /PRNewswire/ -- Caribou Coffee, a global premium coffeehouse, today announced an agreement to license its brand in the consumer packaged goods and foodservice channels to JDE Peet's in a transaction valued at $260M. The transaction also includes the transfer of Caribou Coffee's roasting operations in Minnesota and its office coffee and foodservice contracts. The mutually beneficial transaction enables Caribou Coffee to focus on its core popular retail coffeehouse business while providing JDE Peet's a strong platform to expand its premium coffee portfolio in North America. The transaction is expected to close in the first quarter of 2024, subject to customary closing conditions.

Key Points: 
  • The transaction also includes the transfer of Caribou Coffee's roasting operations in Minnesota and its office coffee and foodservice contracts.
  • The mutually beneficial transaction enables Caribou Coffee to focus on its core popular retail coffeehouse business while providing JDE Peet's a strong platform to expand its premium coffee portfolio in North America.
  • Under the licensing agreement, JDE Peet's will manufacture, market and sell Caribou Coffee's consumer packaged goods and foodservice coffee products outside of its coffeehouses.
  • Over the coming months, senior leaders from JDE Peet's and Caribou Coffee will work together to ensure a smooth transition of Caribou Coffee's commercial coffee business and roastery assets.

New Report from the NextGen Consortium Shares Path Forward for Paper Cup Recycling in the U.S.

Retrieved on: 
Wednesday, November 1, 2023
JDE, Macdonald, The Wendy's Company, PepsiCo, The Coca-Cola Company, Yum, Environment, City, Loop, FPI, Starbucks, Recovery, Recycling, Collection, Foodservice, McDonald's, JDE Peet's, Finca, Circular economy, Commodity plastics

NEW YORK, Nov. 1, 2023 /PRNewswire/ -- Today, the NextGen Consortium, a leading industry collaboration managed by Closed Loop Partners, with partner brands including Starbucks, McDonald's, The Coca-Cola Company, PepsiCo, JDE Peet's, The Wendy's Company and Yum! Brands, released a report with new findings to accelerate paper cup recycling in the U.S. The report, Closing the Loop on Cups: Collective Action to Advance the Recovery of Paper Cups in the U.S., assesses the role of each stakeholder across the paper cup recovery value chain––including paper mills, materials recovery facilities (MRFs), brands, consumers and local communities––and provides recommended actions to increase paper cup recovery opportunities and advance a more circular system.

Key Points: 
  • Brands, released a report with new findings to accelerate paper cup recycling in the U.S.
  • In this report, the NextGen Consortium focuses on the need to strengthen existing materials recovery and recycling infrastructure systems to recapture more paper cups.
  • Recovering and recycling paper cups ensures the value embodied in paper cups—primarily comprised of fiber and a plastic liner—is recovered, rather than wasted in landfill.
  • While the challenges for paper cup recovery and recycling are significant, collaboration among various stakeholders involved in paper cup recovery can help address its scale and complexity.

Instant Coffee Market to Hit $35.97 Billion by 2023: Asia Pacific Leads as Millennials Fuel Demand - ResearchAndMarkets.com

Retrieved on: 
Friday, September 22, 2023
Food, Beverage, Retail, JDE Peet's, RTD, Kraft Heinz, Leisure, Use, Tata Consumer Products, COVID-19, Instant coffee, Unilever, PT, Millennials, Caffeine, USD, Compound annual growth rate, Market, Internet, Starbucks, Developed country, Restaurant, Water, Growth, Tea, Coffee, Energy, Online shopping, Drink

Instant coffee is produced by removing most of the water from brewed coffee, resulting in a product that requires no chemical alteration.

Key Points: 
  • Instant coffee is produced by removing most of the water from brewed coffee, resulting in a product that requires no chemical alteration.
  • Unlike more expensive Arabica coffee beans, instant coffee is often made from Robusta beans.
  • The global instant coffee market is segmented based on type, packaging type, distribution channel, and application.
  • The global instant coffee market is categorized into five major regions: Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.

AG5 raises €6 million from Headline, Peak to save the manufacturing industry from Excel

Retrieved on: 
Tuesday, March 14, 2023
Air France–KLM, Toyota, Software as a service, HRM, European Commission, Paper, SAP, Organization, JDE Peet's, Moodle, Workforce, Tata Steel, ManpowerGroup, AG5, Civil service commission, Map, Ageing, Peak, Toyota Boshoku, Locksmithing, Satellite navigation device, Microsoft Excel

Last year, the company received €1.2 million from tech investor Peak.

Key Points: 
  • Last year, the company received €1.2 million from tech investor Peak.
  • Now, together with SaaS experts Headline and Acadian Ventures, Peak is investing in AG5 once more.
  • AG5's SaaS solution offers the first interface organizations can use to map and track employees' skills that is directly linked to production lines.
  • With offices in Amsterdam and Berlin, and a workforce of 31 employees, AG5 addresses a global market potentially worth €28 billion.

AG5 raises €6 million from Headline, Peak to save the manufacturing industry from Excel

Retrieved on: 
Tuesday, March 14, 2023
Air France–KLM, Toyota, Software as a service, HRM, European Commission, Paper, SAP, Organization, JDE Peet's, Moodle, Workforce, Tata Steel, ManpowerGroup, AG5, Civil service commission, Map, Ageing, Peak, Toyota Boshoku, Locksmithing, Satellite navigation device, Microsoft Excel

Last year, the company received €1.2 million from tech investor Peak.

Key Points: 
  • Last year, the company received €1.2 million from tech investor Peak.
  • Now, together with SaaS experts Headline and Acadian Ventures, Peak is investing in AG5 once more.
  • AG5's SaaS solution offers the first interface organizations can use to map and track employees' skills that is directly linked to production lines.
  • With offices in Amsterdam and Berlin, and a workforce of 31 employees, AG5 addresses a global market potentially worth €28 billion.

NVA Appoints Luuk Hoogeveen as Chief Financial Officer

Retrieved on: 
Monday, February 13, 2023
Hospitals, Health, Veterinary, Growth, JAB Holding Company, Multimedia, PwC, NVA, Pet, JDE Peet's, Management

National Veterinary Associates (“NVA”), a leading global pet care organization and community of more than 1,500 veterinary hospitals and pet resorts, is pleased to announce the appointment of Luuk Hoogeveen as Chief Financial Officer.

Key Points: 
  • National Veterinary Associates (“NVA”), a leading global pet care organization and community of more than 1,500 veterinary hospitals and pet resorts, is pleased to announce the appointment of Luuk Hoogeveen as Chief Financial Officer.
  • Mr. Hoogeveen joins NVA after having served as JAB Holding Company’s Chief Financial Officer, working with all of JAB’s brands as well as NVA.
  • View the full release here: https://www.businesswire.com/news/home/20230213005209/en/
    “We are excited to welcome Luuk to the NVA family as we continue to grow and define the future of veterinary care.
  • Luuk brings a significant track record in leading global finance functions and a deep understanding of our business,” said Greg Hartmann, Chief Executive Officer of NVA.