Announced
Completed
Financials
Tags
coffee
Food Retailers and Wholesalers
United States
Acquisition
Domestic
Private
Majority
Completed
Friendly
Single Bidder
Synopsis
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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