By Amber Deter A JDE Peet’s Coffee IPO is coming to the European market. News of the offering brought high investor demand. It’s possible the offering of Peet’s stock could be the biggest of the year, looking to raise $2.5 billion.
Peet’s Coffee is the second-largest packaged distributor in the world. But is it a good investment? Here’s what we know…
JDE Peet’s Coffee IPO: The Business
Alfred Peet founded Peet’s Coffee in 1966. The specialty coffee roaster and retailer is based in the San Francisco Bay Area. It’s now owned by JAB Holding Company, a privately held German company focusing on long-term investments. JAB also …read more