Peet’s Coffee & Tea Inc., the Bay Area-based cafe chain, is going private for $977.6 million – but it’s not being sold to Starbucks , its giant Seattle rival. Instead, German conglomerate Joh. A. Benckiser will shell out $73.50 a share to buy the emeryville company, paying a 29% premium on Friday’s $57.16 closing price. … Read more
OVERVIEW. Pepsi and Starbucks joined forces in 1994 to create the North American Coffee Partnership (NACP) to market cold ready-to-drink coffee products under the Starbucks name and using the Pepsi distribution network. The joint venture’s first product, Frappuccino, quickly dominated the category. Is Starbucks related to Pepsi? In 1994, Starbucks and PepsiCo came together to … Read more
south american/central american coffee beans have flavor notes of oxidized sugar They have the flavor and aroma profile of candy or syrup created by caramelized sugar. Caramel notes can be perceived from these coffee beans as they are encased with sugars that caramelized when it was roasted. Why is Central American coffee so good? Central … Read more