Grupo Nutresa acquired US coffee company for US $ 113 million

The leading company in the processed food sector in Colombia announced the acquisition of 100% of the shares of CCDC OPCO Holding Corporation, which owns 100% of the Cameron's coffee brand, a US coffee brand dedicated to the production and distribution of Roasted and ground coffee with added value, based in Shakopee, Minnesota

The acquisition was established for a value of US $ 113 million. The company came with sustained growth, as sales in the last 12 months with a cut to July 31, amounted to USD 72 million.

Grupo Nutresa said that "this operation contributes to our international growth in one of the largest and most dynamic coffee consumption markets in the world" and that the Cameron's Coffee brand also identifies with the group's strategic pillars as brands, delivery capabilities of value, and human team.

The acquired company has about 40 years of experience in the production and marketing of roasted and ground coffee in different presentations in bags and capsules.

The company concluded that "with this transaction we hope to capture important synergies in the US, where Cameron's has reached the modern retail through various commercial relationships in premium coffee which we will seek to promote and deepen, and that complement the distribution network and the portfolio that Grupo Nutresa currently has in that country. "

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