Jacobs Douwe Egberts (JDE) has agreed to acquire Sweden-based coffee business JOBmeal from Valedo Partners Fund II for an undisclosed sum.
JOBmeal offers a range of office coffee solutions to customers in Sweden and Finland, and JDE says that the acquisition opens new growth opportunities for the company in the region.
The agreement will give JOBmeal’s customers access to JDE’s range of coffee and tea brands, such as Gevalia, Piazza D’Oro, L’Or and Pickwick.
George Schoof, general manager JDE Professional Nordics said: “The addition of JOBmeal to our Nordic family will enable us to expand our reach in Sweden and Finland.
“Together we will be better able to serve the evolving needs of customers at all levels, through a truly Nordic footprint.”
Fredrik Mossberg CEO, JOBmeal added: “At JOBmeal, our goal and our passion is to significantly enhance the office coffee experience.
“Becoming part of JDE gives us great opportunities to accelerate our
development towards that goal.
“We look forward to being able to share the vast expertise within JDE and deliver even better coffee and tea experiences to our customers in the Nordic region.”
© FoodBev Media Ltd 2020