Multinational snack food conglomerate Mondelez Internationa, Inc. and D.E. Master Blenders 1753 B.V. have completed the transactions to combine their coffee businesses, creating the new company Jacobs Douwe Egberts.
The new company, announced in May 2014, is projected to draw revenues of more than $5.4 billion. The company will be based in the Netherlands and includes some the world’s leading coffee brands such as Jacobs, Tassimo, Moccona, Senseo, L'OR, Douwe Egberts, Kenco, Pilão and Gevalia.