August 4, 2014

Peet’s Acquires Mighty Leaf Tea, Opens and Closes Midwest Stores

Peet’s Coffee & Tea has acquired Mighty Leaf Tea in partnership with the private investment firm Next World Group for an undisclosed amount. Mighty Leaf, which like Peet’s has a corporate headquarters in the Bay Area, will continue to operate independently, but will “have full access to Peet’s resources, capabilities and scale,” Peet’s said in an announcement Friday. Next World […]



from Daily Coffee News by Roast Magazine http://ift.tt/1qModVU

via IFTTT