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Companies / Canada

Green Mountain In Strong Position To Expand Following Van Houtte Buy

September 2010 | Company News Alert

US coffee producer Green Mountain Coffee Roasters has announced it is to buy Canada-based Van Houtte Group for US$890 from private-equity firm Littlejohn & Co. The acquisition will given Green Mountain full control over its Keurig single-serve coffee system, with Van Houtte being its last remaining licensee holder. This position puts the firm in a strong position to expand the Keurig business, which competes with Nestlé's Nespresso and has built an early lead in the important US

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