date:Dec 19, 2012
Caribou Coffee and Joh A Benckiser Group (JAB) have signed a definitive merger agreement under which an affiliate of JAB will acquire Caribou for $340m.
Chicago-based merchant bank BDT Capital Partners is a minority investor in this transaction alongside JAB.
Caribou president and CEO Michael Tattersfield said: We anticipate the next chapter in Caribou's journey will be filled with tremendous opportunities to grow this great brand, with new ownership.
JAB Group chairman Bart Becht said that t