The transaction is expected to complete during the second quarter of 2012. United Coffee will continue to trade as United Coffee across all of its key markets. UCC has a turnover of €2.5bn and employs 3,700 people.
Per Harkjaer, CEO of United Coffee said: “On behalf of all employees in our group, I am very proud and honoured to join the UCC family.
“We represent true coffee know-how and share similar values – believing in the importance of close relationships and the need to understand and focus on the local customer.
“I am sure that our new owner will help us to focus on new product development and will enhance our position as the preferred partner for a large number of European customers.”
Source: United Coffee
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