Today Peet's Coffee & Tea announced that the caffeinated beverage company has been acquired by entrepreneur Joh. A. Benckiser for about $1 billion. The shift and new equity will enable Peet's to compete with ever growing brands such as Starbucks. [Chicago Tribune]
Filed under:
Coffee Wars
The Latest
Filed under:
Best Dishes Eater Editors Ate This Week
Follow Eater editors each week as they share their favorite dishes around town
Filed under:
4 Restaurants to Try This Weekend in Los Angeles
Your handy guide on where to eat from the editors at Eater LA
Loading comments...