The new company, JDE Peet’s, brings together global coffee retail brands such as Jacobs Coffee, Douwe Egberts, Senseo, Tassimo, Moccona, Kenco, and prominent US branded coffee … 2 maker of packaged coffee, whose brands include Douwe Egberts, Peet’s Coffee and Jacobs, were priced at 31.50 euros, valuing the firm at 15.6 billion euros ($17.3 billion). Casey Keller commented, “JDE Peet’s is an exceptional business with some of the most beloved coffee brands in the world, and I am excited to lead the company in its next phase of growth. Call 0800 195 3100 or email [email protected] to … The business was formed by combining Dutch roaster Jacobs Douwe Egberts with U.S. coffee chain Peet’s late last year. jde-and-peets-coffee-to-combine-and-explore-ipo. For more information, please visit the company's website at: http://www.jabholco.com. For more than 265 years we have been driven by our passion for coffee & tea, respect for the environment and care for people. Jacobs Douwe Egberts to merge with Peet’s and explore an IPO JAB Holding believes the merger would create a global coffee and tea powerhouse and expects an offering next year. They were trading at 36.36 euros by 1231 GMT. Mr. Keller has been the CEO of Peet’s Coffee since 2018, after 25 years of leadership roles in the global FMCG industry including at P&G, Heinz, Mars Wrigley, and Alberto Culver. AMSTERDAM (Reuters) - Shares in coffee maker JDE Peet’s surged 15% in their stock market debut on Friday as investors jumped on the only big European IPO launched during the coronavirus crisis. Shares in the world’s No. This announcement is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, and shall not constitute an offer, solicitation or sale in any jurisdiction. JDE Peet’s, which competes against larger rival Nestle and to a lesser extent Starbucks, also owns the Pickwick, Senseo, Tassimo, TiOra and L’OR brands. Jde and Peet’s Coffee to combine and explore Ipo, aiming global leadership December 18, 2019 AMSTERDAM, The Netherlands – Jacobs Douwe Egberts (JDE) yesterday announced it will combine with Peet’s Coffee and explore an IPO, creating a global leader in pure play FMCG coffee with leading positions in more than 20 major markets. The news was first reported in the Financial Times earlier on Monday. Olivier Goudet, Chairman of JDE and Chairman of Peet’s Coffee, said. AMSTERDAM — JDE Peet’s BV, the owner of Jacobs, Douwe Egberts, Peet’s Coffee and other brands, said on Tuesday it would seek to raise at least 700 … For more information, please visit the company's website at: This announcement is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, and shall not constitute an offer, solicitation or sale in any jurisdiction. Amsterdam, The Netherlands, 17 December 2019 -- Jacobs Douwe Egberts (JDE) today announced it will combine with Peet’s Coffee and explore an IPO, creating a global leader in pure play FMCG coffee with leading positions in more than 20 major markets. The exploration of an IPO is a key milestone in the partnership between Acorn Holdings B.V. (which includes controlling shareholder JAB and BDT Capital) and Mondelez International. Olivier Goudet, Chairman of JDE and Chairman of Peet’s Coffee, said, “We are excited that Casey will assume the role as CEO of JDE Peet’s as we continue further building upon the company’s strong track record of growth and expansion. - Jacobs Douwe Egberts (JDE), the second largest global coffee roaster, will combine with Peet's Coffee, the U.S.-based premium retail coffee brand, and explore an IPO, creating a champion with leading positions in more than 20 major markets. I want to thank Frederic for his stewardship in driving JDE’s growth and development.”. The company, which has grown into the world’s second-largest coffee retailer and roaster, has merged Jacobs Douwe Egberts and Peet’s ahead of a float to create “a global leader in PURE play FMCG coffee with leading positions in more than 20 major markets”. Reporting by Toby Sterling; Editing by Clarence Fernandez and Stephen Coates and Kirsten Donovan. With rich, complex, superior quality roasts unlike anything Americans ever tasted before, Peet’s influenced generations of coffee entrepreneurs and connoisseurs. JAB Holding has amalgamated its Jacobs Douwe Egberts (JDE) and Peet’s Coffee businesses ahead of hotly anticipated IPO scheduled for 2020, after which JAB is expected to remain the controlling shareholder. 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