Caribou Coffee Sells To German Company for $340 Million

By Stephen Fuchs on Email @StephenWFuchs

It was announced on Monday that the second largest coffee house in the United States, Caribou Coffee, has been acquired by the German holding company Joh. A. Benckiser Group (JAB) for approximately $340 million.  JAB has offered a 30% premium over Caribou’s Friday close of $12.32 with a deal paying $16 per …

Stephen Fuchs
Stephen founded German Pulse and LGBT Germany out of a passion to introduce Americans to a Germany that goes beyond beer and polka (although with enough beer he has been known to polka it up a bit). He's a coffee addict, lover of wine and good times, a hit in the kitchen and editor of TV commercials. You can follow him on Twitter (@StephenWFuchs) to find out a lot more.
Stephen Fuchs on EmailStephen Fuchs on LinkedinStephen Fuchs on Twitter