Month: September 2016

S&D Coffee & Tea acquired by beverage Giant Cott corporation

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One of the largest coffee companies in the United States, North Carolina-based S&D Coffee & Tea has been acquired by the Canadian beverage company Cott Corporation. The purchase price was approximately $355 million, according to a Street Insider report. Jerry Fowden, Cott’s Chief Executive Officer said, “After closing the S&D acquisition, we will have a leading position in the coffee and tea foodservice industry

Africa’s Top Coffee-Exporter Output to reach its highest in 2016-17

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The biggest coffee exporter in Africa is likely to increase its output by 5 percent next season since trees planted in Uganda in the past few years started producing. The nation’s regulator said that weather improvement played a major part (Bloomberg.com). Also, Bloomberg reports that coffee production through September 2017 is estimated to climb to 4.2 million 60-kilogram (132-pound) bags, from 4 million bags projected for the season ending

Coffee House sold to Azerbaijan

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Coffee House, a Russian coffee shop chain, has sold its first franchise to Azerbaijan. The first café will open in Baku, the country’s capital. The franchisee is Coffee House Azerbaijan, LLC. Azerbaijan is a complicated market, with specific traditions. The most popularity is gained by places where one can celebrate a 500-person wedding. The market is more traditional, people are

Kenya: Prevailing Cold Weather to Curb Coffee Trees Flowering

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Farmers are afraid the recent cold weather Kenya is experiencing will curb the flowering of coffee trees, reported Bloomberg. Crop flowering determines the expected yield for harvest. To prepare for flowering, coffee plants need about a month of dry weather before the rain starts in October. Contacted on phone by Bloomberg, Wycliffe Odhiambo Murwayi, managing director of Nairobi-based Sustainability Kenya