date:May 09, 2014
two in Germany and the U.K. The new company will also improve its standing in China, where Nestle has more than 50% share, Forsyth said.
Master Blenders Chairman Bart Becht said the new company will look to outpace the broader coffee sector, which grew 6.9% last year, according to Euromonitor. A key part of the deal is Brazil, the worlds most attractive market, according to Wells Fargo. The country has a growing middle class trading up to more expensive blends.
In the ever-changing world of co