WATERBURY, Vermont (
Green Mountain Coffee Roasters
is expected to acquire smaller Canadian rival
for about $1 billion, a report says.
Green Mountain won an auction for Van Houtte put on by U.S. private-equity firm Littlejohn & Co., which put the business up for sale earlier this year. The deal could be announced as early as Tuesday morning, a person familiar with matter told the
Wall Street Journal
Van Houtte sells coffee-brewing equipment such as the Keurig machines popular in offices.
-- Written by Joseph Woelfel
>To contact the writer of this article, click here:
>To submit a news tip, send an email to: