Gourmet Coffee Reviews » timothy’s coffees http://gourmet-coffee-cup.com/blog Thu, 01 Apr 2010 18:52:56 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 Coffee roaster, Bruegger’s expand north http://gourmet-coffee-cup.com/blog/coffee-roaster-brueggers-expand-north/ http://gourmet-coffee-cup.com/blog/coffee-roaster-brueggers-expand-north/#comments Sat, 14 Nov 2009 18:02:07 +0000 Greg Dawson http://gourmet-coffee-cup.com/blog/?p=162 green_mountain_coffee_logoTwo Vermont companies — Bruegger’s Enterprises and Green Mountain Coffee Roasters — will split up a Toronto-based coffee roaster with 140 retail locations mostly in Ontario and Quebec. The deal, valued at more than $157 million, will dramatically expand each company’s presence north of the border.

Green Mountain Coffee Roasters Inc. and Bruegger’s Enterprises Inc. announced the purchase of Timothy’s Coffees of the World Inc. on Friday morning. Waterbury-based Green Mountain Coffee acquired the wholesale roasting business for $157 million, and Bruegger’s is absorbing the retail operation for an undisclosed sum. Bruegger’s marketing director, Tom Piper, called the transaction a “significant deal.”

[Via Burlingtonfreepress.com]

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