Table of Contents
WATERBURY, Vt. — Coffee giant Keurig Green Mountain Inc. is now officially a private company.
The company on Thursday closed its $13.9 billion buyout deal by a JAB Holding Co.-led investor group. The transaction was approved by Keurig Green Mountain stockholders at a special meeting on Feb. 24.
With the completion of the acquisition, Keurig Green Mountain’s common stock has ceased trading on the Nasdaq Global Select Market.
Under the agreement, announced in December, JAB acquired Keurig Green Mountain in partnership with minority investors that are already shareholders in global coffee and tea company Jacobs Douwe Egberts (JDE) B.V., including Mondelez International and entities affiliated with BDT Capital Partners.
Keurig is known for its Keurig single-serve coffee system, K-Cup coffee pods and, more recently, the Keurig KOLD cold beverage systems. Overall, Keurig Green Mountain has more than 80 brands and over 575 beverage varieties.
