Chinese coffee titan set to buy Oakland-born Blue Bottle Coffee
Chinese investment firm Centurium Capital is acquiring Blue Bottle Coffee from Nestlé for less than $400 million, with Centurium gaining global stores while Nestlé retains consumer goods operations.
Royal Cup Moves to Acquire Farmer Brothers in All-Cash Deal
Royal Cup Coffee & Tea will acquire Farmer Brothers Coffee Co. for $1.29 per share in an all-cash deal valued at approximately $28 million, combining two legacy U.S. coffee suppliers to strengthen competitive position and distribution capabilities.