M&A Deal Summary

Krispy Kreme Acquires Digital Java

On February 21, 2001, Krispy Kreme acquired beverage company Digital Java

Acquisition Highlights
  • This is Krispy Kreme’s 1st transaction in the Beverages sector.
  • This is Krispy Kreme’s 1st transaction in the United States.
  • This is Krispy Kreme’s 1st transaction in Illinois.

M&A Deal Summary

Date 2001-02-21
Target Digital Java
Sector Beverages
Buyer(s) Krispy Kreme
Deal Type Add-on Acquisition

Target

Digital Java

Chicago, Illinois, United States
Digital Java, Inc. is a Chicago-based coffee company. As a sourcer and micro-roaster of premium quality coffees, Digital Java offered a broad line of coffee-based and non-coffee beverages.

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Buyer(S) 1

Buyer

Krispy Kreme

Charlotte, North Carolina, United States

Category Company
Founded 1937
Sector Restaurants
Employees22,800
Revenue 1.7B USD (2024)
DESCRIPTION

Krispy Kreme is a branded specialty retailer and wholesaler of sweet treats and complementary products, including its signature Original Glazed doughnut. Krispy Kreme was formed in 1937 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 1 of 2
Sector: Beverages M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2001 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-11-01 Montana Mills Bread Co.

Rochester, New York, United States

Montana Mills operates upscale specialty bakeries and cafés offering a broad range of all-natural, freshly baked specialty and basic breads along with several varieties of baked goods, beverages and gift items.

Sell -