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Announced

Completed

Westrock Coffee completed the acquisition of Bixby Roasting.

Financials

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

Tags

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coffee

Food Retailers and Wholesalers

United States

Acquisition

Domestic

Private

Majority

Completed

Friendly

Single Bidder

Synopsis

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Westrock Coffee, a integrated coffee, tea, flavors, extracts, and ingredients solutions provider, completed the acquisition of Bixby Roasting, a specialty-grade roaster. Financial terms were not disclosed. “The emergence of influencer-led brands has created a new sales channel in the beverage business, and Bixby is at the forefront of its development. Miles and Remington bring a depth of knowledge on these emerging channels that we are adding to the Westrock Coffee portfolio, including the co-creation of new influencer brands that are particularly appealing to young consumers. We are excited to welcome them to the Westrock Coffee team and look forward to integrating their talents and ideas into our portfolio," Elizabeth McLaughlin, Westrock Coffee Executive Vice President of Sales.

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