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
Locations. By 2018, Peet’s operates over 200 retail locations in 11 states: California, washington dc, Virginia, Tennessee, Nevada, Washington, Oregon, Colorado, Illinois, Massachusetts, and Maryland , and has expanded to China, opening a location in Shanghai. Is Peet’s coffee only in California? There are 339 Peet’s Coffee locations in the United States as of June … Read more
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
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
But real coffee fans would do better to venture south to Berkeley, California, where the original peet‘s Coffee is still in operation today. Did Peet’s coffee get bought out? 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 … Read more
But real coffee fans would do better to venture south to Berkeley, California, where the original peet‘s Coffee is still in operation today. Did Peet’s coffee get bought out? 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 … Read more
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
Who is Peet’s coffee owned by? There are 236 Peet’s locations nationwide and 10 Stumptown Coffee Roasters spots. Peet’s is owned by German conglomerate Joh. A. Benckiser , which also owns Labelux, a luxury goods company that owns Jimmy Choo and Bally. Are Peet’s and Starbucks owned by the same company? In 1987, Baldwin and … Read more
But real coffee fans would do better to venture south to Berkeley, California, where the original peet‘s Coffee is still in operation today. Did Peet’s coffee get bought out? 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 … Read more
But real coffee fans would do better to venture south to Berkeley, California, where the original peet‘s Coffee is still in operation today. Did Peet’s coffee get bought out? 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 … Read more