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Turkey
JDE Peet’s sells Turkish tea unit, halts L’or barista rollout in US
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.

Mergers & Acquisitions
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