Green Mountain Coffee Roasters shells out $905 million.

Waterbury, Vermont - December 17, 2010

A major shake up in the coffee industry Friday.

Green Mountain Coffee Roasters has finalized a deal to buy the Canadian coffee company Van Houtte for $905 million.

Van Houtte employs nearly 2,000 people at its Montreal facility.

Excerpted from: WCAX.com article

 

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Comment by Mike McGinness on December 21, 2010 at 2:40pm

These major shake ups are becoming more common with the coffee industry's big commercial players doing like many other business do, expanding by acquisition.

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