date:Dec 27, 2012
Thats quite a caffeine high: Between Peets Coffee Tea and now Caribou Coffee Co., German conglomerate Joh. A. Benckiser will pay more than $1.3 billion this year for joe.
On Monday, Benckiser said it will shell out $340 million for Minneapolis-based Caribou. In July, Benckiser said it would spend $974 million to buy Emeryville, Calif.-based Peets. The German giant also controls makeup maker Coty and luxury goods company Labelux, which owns shoe brand Jimmy Choo.
To acquire Caribou, an affilia