25 Apr '18, 6pm

Coffee Holding Company Acquires Wisconsin-Based Roaster Steep N Brew for $2.85 Million

Coffee Holding Company Acquires Wisconsin-Based Roaster Steep N Brew for $2.85 Million

“Through the acquisition of Steep N Brew, we have doubled our existing sales of our specialty division at Generations, acquired additional roasting capacity, increased our shelf presence, improved our distribution channels and efficiencies and added three proven coffee brands to our previously existing diverse portfolio of brands,” Coffee Holding Company CEO and President Andrew Gordon said in an announcement of the acquisition. “We now have two highly efficient specialty coffee factories in the Midwest where we can produce all varieties, packs and sizes of specialty coffee retail and foodservice products. This acquisition increases our presence in the upper Midwest and Great Lakes regions for foodservice opportunities which traditionally have been the smaller part of our business.”

Full article: https://dailycoffeenews.com/2018/04/25/coffee-holding-com...

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