The Company previously announced the agreement with Sara Lee on 24 October 2011.
The acquisition includes Sara Lee’s market-leading liquid coffee concentrate business sold under the licensed Douwe Egberts brand, along with a variety of roast and ground coffee, cappuccino, tea and cocoa products, sold through foodservice channels in North America.
In addition, the companies entered into a long-term innovation partnership to collaborate on liquid coffee technology for the foodservice market.
Source: The JM Smucker Company
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