24 Feb '17, 5pm

Hamburg Coffee Co. Acquires Majority Stake of San Diego-Based Importer ICT

Hamburg Coffee Co. Acquires Majority Stake of San Diego-Based Importer ICT

ICT will continue to operate under its brand name, while CEO Colon and VP Jason Remmer will serve as managing partners from the San Diego office. The financial terms of the merger were not disclosed, although an ICT representative has confirmed with Daily Coffee News that the Dutch trading company Daarnhouwer & Co. , which had held a majority stake in ICT since 2011, has sold its stake to HACOFCO.

Full article: http://dailycoffeenews.com/2017/02/24/hamburg-coffee-co-a...

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