JDE Peet’s to acquire Campos Coffee, a specialty coffee leader in Australia
15 Junho 2021 - 10:00PM
JDE Peet’s to acquire Campos Coffee, a specialty coffee leader in
Australia
PRESS RELEASE
16 June 2021
JDE Peet’s (EURONEXT: JDEP) and Campos announced today that JDE
Peet’s will acquire Campos Coffee. Subject to limited pre-closing
conditions, the transaction is expected to be completed during July
2021. Further terms were not disclosed.
Campos Coffee is a specialty coffee leader in Australia,
available in over 600 cafés and present in multiple channels
including direct-to-consumer, retail, and its own flagship cafés.
Over the years, the Campos team have built a strong and growing
business which complements JDE Peet’s Australian coffee business in
both the out-of-home and retail segments.
General Manager, JDE Peet’s Australia & New Zealand, Albert
Moncau, said “The Campos team have built an incredible brand and
network across Australia, delivering award winning and consistently
outstanding coffee to their customers. The business is a perfect
fit for us and we look forward to welcoming the Campos team to our
world of coffee and tea, learning from each other’s expertise and
building on their award winning coffee experience.”
The Founder of Campos, Will Young, added “We are incredibly
proud of what we have achieved from our humble beginnings on the
streets of Newtown in Sydney. The transaction will enable the
Campos brand to further unlock its true potential. JDE Peet’s has
become Australia’s leading pure-play coffee business by respecting
the heritage and uniqueness of local coffee brands. We are
confident that Campos can and will continue to grow under their
stewardship by continuing to focus on what made us Australia’s
number one specialty coffee brand - high quality coffee and great
service to our café partners.”
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Enquiries
JDE Peet’s MediaMichael Orr / Danielle
SmithMedia@JDEPeets.com
JDE Peet’s IRRobin Jansen IR@JDEPeets.com
Campos John Ronchi John@camposcoffee.com
About JDE Peet’s in Australia JDE Peet’s is the
world’s leading pure-play coffee and tea company, serving
approximately 4,500 cups of coffee or tea every second. JDE Peet's
unleashes the possibilities of coffee and tea in more than 100
markets, through a portfolio of over 50 brands. Our portfolio in
Australia includes L’OR, Moccona, Harris, Piazza Doro, Espresso Di
Manfredi, Two Seasons and Pickwick. In 2020, JDE Peet’s generated
total sales of EUR 6.7 billion and employed a global workforce of
more than 19,000 employees. Read more about our journey towards a
coffee and tea for every cup at www.JDEPeets.com.
About Campos Campos Coffee started from humble
beginnings back in 2002 with a single café & roaster in
Newtown, Sydney. Founded by Will Young, Campos has been on a
mission for over 20 years to introduce as many Australian’s as
possible to the magic of quality coffee. Today, Campos Coffee is
one of Australia’s most loved and respected specialty coffee
roasters, with the award-winning Signature Blends now being brewed
in over 600 cafes nationwide under the Campos and Sacred Grounds
brands. In 2020, Campos generated revenues of approximately $50
million AUD and expanded its availability to coffee lovers at home,
offering premium whole bean blends online and in selected
Woolworth’s supermarkets. Read more about our mission to help
people enjoy the magic of great coffee at www.camposcoffee.com.
- JDE Peets to acquire Campos Coffee
- Campos Cafe Manager Newtown
- Campos Product image
- Campos Green logo
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