Nestle (Nespresso) in Talks to Buy Green Mountain/Keurig?
Rumor on the street is that Nestle is in talks to buy out Green Mountain Coffee Roasters (GMCR), owner of the Keurig brand single serve coffee maker. If true, Nestle, maker of the Nespresso line of single serve espresso brewers would become the overnight single serve giant globally with a strong overseas presence and a strong US presence where brewed coffee and not espresso coffee is the norm. With the recent acquisitions by Green Mountain in the K-Cup space, pulling in Van Houtte and Tully's, they are quickly becoming a recognized player in the global coffee market.
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Posted by Scott Martin at September 28, 2010 7:32 AM