Samstag, 15. Juni 2024

Global Industry: Jacobs Douwe Egberts – the new coffee giant

Hamburg. (bm) Mondelez International Inc. and D.E. Master Blenders 1753 NV (DEMB) announced their intention to combine their respective coffee businesses to create the world´s leading pure-play coffee company, with annual revenues of more than five billion EUR and an Ebitda margin in the high teens. The new company, to be called Jacobs Douwe Egberts (JDE), will be based in the Netherlands. Other topics of the week:

Title Region Date
Snyder’s-Lance: to Acquire Baptista’s Bakery Inc. (US) Fri 05-09
Snyder’s-Lance: to Sell Private Brands to Shearer’s Foods (US) Fri 05-09
Hillshire Brands: Continues Strong Momentum in Third Quarter (US) Fri 05-09
Mondelez + DEMB: Forming The World’s Leading Coffee Giant (NL) Thu 05-08
Mondelez: Reports Solid Q1/2014 Results (US) Thu 05-08
George Weston Limited: Reports Q1/2014 Results (CA) Thu 05-08
Costa Coffee: announces expansion plans in Spain (UK) Wed 05-07
Whitbread: announces double digit growth in FY-2013 (UK) Wed 05-07
Weston Foods: announces purchase of Rubschlager Baking (CA) Wed 05-07
Domino’s Pizza: Opens 11’000th Store (US) Wed 05-07
Kellogg Company: Reports First Quarter 2014 Results (US) Tue 05-06
Bunge: Reports First Quarter 2014 Results (US) Tue 05-06
Niagara Fiber: Announces Acquisition of Allied Blending (US) Tue 05-06
Kraft Foods: reports first quarter 2014 results (US) Tue 05-06
C.H. Guenther + Son: Acquires Tribeca Oven (US) Mon 05-05
Einstein Noah Reports Q1/2014 Financial Results (US) Mon 05-05
Einstein Noah: Announces Share Repurchase Program (US) Mon 05-05
J+J Snack Foods: Acquires Philly Swirl (US) Mon 05-05
Yum! Brands: Announces CEO Succession Plan (US) Mon 05-05
ADM: Elects Directors at Annual Meeting (US) Mon 05-05
Canada Bread: Reports Results for the First Quarter 2014 (CA) Sat 05-03
RGF: Pre-close Trading Update Q4/2013 (UK) Sat 05-03