date:Nov 16, 2012
Furthering its commitment to innovate and transform the tea industry and enhance the consumer tea experience in the U.S. and internationally, Starbucks Coffee Company has agreed to acquire Teavana Holdings, Inc. in an all-cash acquisition.
Together, Starbucks and Teavana will jumpstart the next wave of growth in this dynamic category, leveraging Starbucks core competencies of real estate, design and store operations and integrating these with Teavanas world-class tea authority, global sourcing