Refreshment focuses on the water dispenser/cooler, office coffee service and vending sectors, while also taking an in-depth look into products for vending from bottled water and drinks, to snacks and confectionery. It also focuses on hydration, health and wellness, new technologies and environmental and social responsibility issues.
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Coffee & tea
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JDE Peet’s
JDE Peet’s sells Turkish tea unit, halts L’or barista rollout in US
JDE Peet’s has sold its tea business in Turkey to Efor Holding for an undisclosed sum. The company has also decided to discontinue the planned rollout of its L’or Barista coffee machines in the US.
JDE Peet’s announces leadership transition as CFO Scott Gray steps down
Dutch coffee and tea producer JDE Peet’s has announced that its CFO Scott Gray has stepped down to reunite with his family in the US.
Colruyt halts orders from JDE Peet's amid price hike dispute, Reuters says
Colruyt has temporarily stopped ordering certain products from Dutch coffee company JDE's after a request for additional price increases.
Major coffee roasters plan price hikes amid climate disruptions, as stated by Reuters
Major coffee roasters in Brazil plan to raise prices due to climate disruptions affecting crops and increasing raw coffee costs.
JAB to buy Mondelēz's €2.16bn stake in JDE Peet's, new CEO announced
JAB has agreed to purchase Mondelēz International's 86 million shares in JDE Peet’s for €25.10 per share.
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