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Nestlé Buys Majority Stake In High-End Coffee Roaster, Retailer Blue Bottle Coffee

September 14, 2017: 12:00 AM EST
Global coffee producer Nestlé has purchased a majority stake in Oakland, Calif.-based Blue Bottle Coffee. The high-end specialty coffee roaster and retailer operates coffee shops – 55 by the end of the year – in major U.S. cities and in Japan, and has launched super-premium RTD and roast and ground products, sold online and in retail stores. Terms of the investment were not disclosed. Nestlé coffee brands include Nescafé and Nespresso.
"Nestlé acquires majority interest in Blue Bottle Coffee", News release, Nestlé , September 14, 2017, © Nestlé
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