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New Deal


Announced

Completed

JDE Peet's completed the acquisition of Les 2 Marmottes from FrenchFood Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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tea brand

Specialty Retailers

Cross Border

Majority

Friendly

France

Acquisition

Private

Completed

Single Bidder

Private Equity

Synopsis

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JDE Peet's, a company that owns beverage brands, mostly of coffee, tea and hot chocolate, completed the acquisition of Les 2 Marmottes, a tea brand, from FrenchFood Capital, an investment company. Financial terms were not disclosed. JDE Peet’s is pleased to confirm the acquisition of Les 2 Marmottes, a French company specialising in the premium infusion and tea market. The two companies are complementary, Les 2 Marmottes enriching JDE Peet’s tea brands portfolio. In order to preserve its uniqueness, its know-how and its strong growth dynamic, Les 2 Marmottes will continue to operate independently.

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