Sector News

Jacobs Douwe Egberts to acquire Sweden-based JOBmeal

October 8, 2018
Food & Drink

Jacobs Douwe Egberts (JDE) has agreed to acquire Sweden-based coffee business JOBmeal from Valedo Partners Fund II for an undisclosed sum.

JOBmeal offers a range of office coffee solutions to customers in Sweden and Finland, and JDE says that the acquisition opens new growth opportunities for the company in the region.

The agreement will give JOBmeal’s customers access to JDE’s range of coffee and tea brands, such as Gevalia, Piazza D’Oro, L’Or and Pickwick.

George Schoof, general manager JDE Professional Nordics said: “The addition of JOBmeal to our Nordic family will enable us to expand our reach in Sweden and Finland.

“Together we will be better able to serve the evolving needs of customers at all levels, through a truly Nordic footprint.”

Fredrik Mossberg CEO, JOBmeal added: “At JOBmeal, our goal and our passion is to significantly enhance the office coffee experience.

“Becoming part of JDE gives us great opportunities to accelerate our
development towards that goal.

“We look forward to being able to share the vast expertise within JDE and deliver even better coffee and tea experiences to our customers in the Nordic region.”

By: Martin Whiteon

Source: Food Bev Media

comments closed

Related News

May 21, 2022

Cécile Béliot becomes Bel Group CEO

Food & Drink

Cécile Béliot has assumed the role of Bel Group chief executive officer, following the decision to separate the roles of chairman and CEO. The separation of the functions will enable Bel Group to develop in three areas of healthy snacking. Meanwhile, the company’s former CEO, Antoine Fiévet, has had his mandate renewed as chairman of the board.

May 21, 2022

“Corporate greed and dereliction of duty”: FDA commissioner slammed over infant formula shortage

Food & Drink

US Food and Drug Administration (FDA) Commissioner Dr. Robert Califf was grilled by lawmakers during a House Appropriations subcommittee hearing, where he was slammed over the agency’s handling of the escalating infant formula shortage.

May 21, 2022

Sweegen hails antioxidants and bitter blocking tech a turning point for sugar reduction and healthy aging

Food & Drink

Sweegen is ramping up its efforts to reduce sugar across F&B applications while simultaneously tapping into the benefits of using antioxidants and bitter blocking technology. Speaking to FoodIngredientsFirst, Casey McCormick, vice president of global innovation at Sweegen, says product developers can find a broad range of solutions in Sweegen’s nature-based sweetener systems as brands elevate better-for-you foods.