Acquisition
Vahdam Teas Raises USD $2.5M in Series B Funding
Vahdam Teas has successfully raised USD $2.5 million in its Series B round of funding for its direct-to-consumer business.
Crown Brands Acquires Tomlinson Industries
Crown Brands LLC of Lincolnshire, Illinois has completed the acquisition of Tomlinson Industries of Cleveland, Ohio.
Lavazza to Acquire Mars Drinks Business
Consolidation in the coffee industry continues as the Lavazza Group is acquiring Mars’ Drinks business, including the Flavia and Klix systems, leading brands in the office coffee service (OCS) and vending segments.
European Tea Society Debuts at Tea & Coffee World Cup
The European Tea Society (ETS) is a newly formed not-for-profit organisation based in Bedford, England, whose driving principle is to create, promote and inspire excellence in the specialty tea community.
Italy’s Lavazza Buys Australia’s Blue Pod Coffee
Reuters reports that Lavazza SpA said on 2 July it would buy all of Australia’s Blue Pod Coffee Company, as the coffee maker pushes ahead with a shopping spree that has allowed it to sharply increase its scale.
Starbucks Expands Teavana into New Format and Retail Channel
Starbucks today (26 June) announced it is introducing Teavana into the USD $1.2 billion packaged tea category in US grocery stores.
Coffee M&As Accelerate & Show No Signs of Yielding
Recent mergers, acquisitions and overall growth across the coffee sector follow trends established by beer, soft drinks and other beverage industries.
Blending, roasting & processing, Business, Equipment & packaging
Synergy Flavours Acquires Italian Flavours Supplier, Janoušek
Synergy Flavours Inc, a leading supplier of flavours, extracts and essences for the global food and beverage industry, recently announced its acquisition of Janoušek, one of the world’s first suppliers of herbal extracts and natural flavouring and an expert in Italian flavour profiles.
Blending, roasting & processing, Business, Equipment & packaging
Barry Callebaut Beverages UK Food Safety Certification
Barry Callebaut Beverages UK has achieved Food Safety System Certification 22000 (FSSC 22000).
Middleby Acquires JoeTap, Nitro Brew Coffee Systems
The Middleby Corporation has acquired JoeTap, a subsidiary of AC Beverage, Inc.
Blending, roasting & processing, Business, Equipment & packaging
International Tea Masters Association Acquired
The International Tea Masters Association (ITMA) announced that it has been acquired by Claudia Zárate, one of the association’s course trainers.
TC Transcontinental to Acquire Coveris Americas
TC Transcontinental Inc has entered into a definitive agreement to acquire Coveris Americas for approximately USD $1.32 billion (approximately C $1.72bn), subject to customary closing adjustments.
The Roastery of Cave Creek Celebrates 20th Anniversary
The Roastery of Cave Creek recently celebrated 20 years in business.
RA-Cert and NEPCon Announce Intent to Merge
After two decades of close partnership, NEPCon and RA-Cert, the certification division of the Rainforest Alliance, leading non-profit certification bodies, have announced their intention to join later this year.