M&A Deal Summary

Keurig Green Mountain Acquires Tully’s Coffee Brand

On March 30, 2009, Keurig Green Mountain acquired retailer Tully’s Coffee Brand from Tully’s Coffee for 40M USD

Acquisition Highlights
  • This is Keurig Green Mountain’s 1st transaction in the Retail sector.
  • This is Keurig Green Mountain’s 5th largest (disclosed) transaction.
  • This is Keurig Green Mountain’s 2nd transaction in the United States.

M&A Deal Summary
Date 2009-03-30
Target Tully’s Coffee Brand
Sector Retail
Buyer(s) Keurig Green Mountain
Sellers(s) Tully’s Coffee
Deal Type Divestiture
Deal Value 40M USD

Target

Tully’s Coffee Brand

United States
Tully’s Coffee Brand a coffee retailer.

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Buyer(S) 1

Buyer

Keurig Green Mountain

Waterbury, Vermont, United States

website

Category Company
Founded 1981
Sector Beverages
Employees6,600
Revenue 4.7B USD (2014)
DESCRIPTION

Keurig Green Mountain, Inc. is a coffee roaster and packager based in Vermont. Keurig Green is a provider in specialty coffee, coffee makers, teas, and other beverages.

DEAL STATS #
Overall 2 of 7
Sector (Retail) 1 of 3
Type (Divestiture) 1 of 1
Country (United States) 2 of 4
Year (2009) 1 of 3
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-16 Keurig

Reading, Massachusetts, United States

Keurig, Inc., headquartered in Reading, MA, a manufacturer of single-cup coffee brewing technology in the U.S. for both home and office. Keurig's innovative single-cup brewing system lets coffee lovers brew perfect coffee, one cup at a time, in less than a minute.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-13 Timothys Coffees of the World

Toronto, Ontario, Canada

Timothys Coffees of the World, Inc. is a retailer and wholesaler of premium coffee and related food items. Headquartered in Toronto, Ontario, Timothy’s is a premium coffee company that produces specialty coffee, tea and other beverages in a variety of packaged forms.

Buy $157M

Seller(S) 1

SELLER

Tully’s Coffee

Seattle, Washington, United States

website

Category Company
Founded 1992
Sector Retail
Employees480
Revenue 36M USD (2012)
DESCRIPTION

Tully’s Coffee Corp., is a specialty coffee retailer and wholesaler products of coffees, espresso, baked goods, pastries, and coffee-related supplies.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2009) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-07-01 Spinelli Coffee

Singapore

Spinelli Coffee Company produces and markets coffee in Singapore.

Buy -
Mergr

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