M&A Deal Summary

Royal Cup Acquires Richgood Gourmet

On August 15, 2017, Royal Cup acquired beverage company Richgood Gourmet

Acquisition Highlights
  • This is Royal Cup’s 3rd transaction in the Beverages sector.
  • This is Royal Cup’s 3rd transaction in the United States.
  • This is Royal Cup’s 1st transaction in Alabama.

M&A Deal Summary
Date 2017-08-15
Target Richgood Gourmet
Sector Beverages
Buyer(s) Royal Cup
Deal Type Add-on Acquisition

Target

Richgood Gourmet

Birmingham, Alabama, United States
website
Richgood Gourmet LLC (Icebox Coffee) is a developer, manufacturer and distributor of shelf-stable, cold-brew coffees for retail and food service companies, and for ingredient use. In addition to private-label manufacturing, RichGood's house brand, Icebox Coffee, is available in ready-to-drink and concentrate forms, and can be purchased through specialty retailers.

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Buyer(S) 1

Buyer

Royal Cup

Birmingham, Alabama, United States

website

Category Company
Founded 1896
Sector Beverages
DESCRIPTION

Royal Cup, Inc. is a roaster and distributor of premium and specialty coffees and teas to foodservice companies, business offices, convenience stores, chain restaurants and hotels located throughout the United States and the Caribbean.

DEAL STATS #
Overall 3 of 3
Sector (Beverages) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Alabama) 1 of 1
Country (United States) 3 of 3
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-06 Teasy Teas

United States

Teasy Teas LLC is a tea manufacturer offering more than 50 blends and single estate teas from all over the world

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