Netherlands: Mondelez International & D.E Master Blenders 1753 form new coffee business

Mondelez International has announced that it has reached an agreement with D.E Master Blenders 1753 B.V. to combine their respective coffee businesses to create a new “pure-play” company to be known as Jacobs Douwe Egberts. The new company, which will have annual revenues of more than $7 billion, will be based in the Netherlands and […]