Wednesday, April 03, 2013

Owner of Café Pilão may be being sold

According to found the newspaper Valor Econômico, the investment group JAB (Joh A Benckiser) signed last Thursday (3/28), an agreement to buy the Master Blenders 1753, former Sara Lee coffee and pestle. The operation would be 7.6 billion euros.
Directed by Bart Becht, Reckitt Benckiser, former CEO of the JAB has a 15% share in Master Blenders. Controls other businesses from coffee shops, how networks Caribou Coffee and Peet's Coffee, which does not work in Brazil.
The German group also owns the perfume maker Coty, and its major investors have ties with the brewery InBev and the multinational food company Mars.
The Portal SM sought Master Blenders to confirm the information, but could not contact with the company until the closure of this news.
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