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Nestlé strengthens its coffee business with the acquisition of Seattle’s Best Coffee

Nestlé strengthens its coffee business with the acquisition of Seattle’s Best Coffee

It further strengthens the Global Coffee alliance with Starbucks.

editor by editor
25/10/2022
in Product News
Reading Time: 1 min read
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Starbucks and Nestlé announced that Nestlé plans to acquire Seattle’s Best Coffee brand from Starbucks. This transaction is part of Nestlé’s focus on driving sustained profitable growth in the coffee category. It strengthens the Global Coffee Alliance by allowing both companies to focus on their core strengths.

Seattle’s Best Coffee’s approachable line of whole bean, roast, and ground packaged coffee, and K-Cup pods are available in a variety of roasts and flavor profiles across both foodservice and grocery channels. In addition to Starbucks packaged coffees distributed by Nestlé under the Global Coffee Alliance, Seattle’s Best Coffee joins Nestlé’s roster of beloved coffee brands in the U.S., including Nescafé, Nespresso, and Blue Bottle. The addition adds depth to Nestlé’s North America coffee portfolio by further expanding the company’s position in the category.

“We continue to deepen our partnership with Nestlé to deliver the best of the Starbucks Experience to our customers in channels outside of our retail stores,” said Michael Conway, group president, Starbucks International, and Channel Development. “We’re confident that Nestlé will continue to grow Seattle’s Best Coffee brand as we focus on our strategy to elevate the premium coffee experience for consumers through the Starbucks brand.”

“Our partnership with Starbucks has confirmed Nestlé’s leading position in the dynamic and growing global coffee market,” said David Rennie, Head of Nestlé Coffee Brands. “With the well-known Seattle’s Best Coffee brand, we will continue to build our leadership in coffee by offering consumers more choice for their everyday coffee.”

Tags: #beverage#beveragecompany#coffee#coffeebreak#coffeeexport#coffeeimport#coffeelover#coffeeproducers#flavor#Nescafé#Nespresso#Nestle#nestlefactory#packaged#Seattle’s#StarbucksdrinkPackaging
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