Global coffee giant swoops on local market leader
Private equity fund Pencarrow and ACC are exiting BrewGroup after just three years.
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Hawke’s Bay
International coffee giant JDE has snapped up locally owned former Bell Tea & Coffee just three years after it was sold off by Foodstuffs.
Bell is now known as BrewGroup and is 51% owned by Pencarrow, a private equity fund, with ACC having 33% and management owning the rest.
BrewGroup chief
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Nevil Gibson
Fri, 26 Aug 2016
Fri, 26 Aug 2016
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Global coffee giant swoops on local market leader
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