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Source: Michael Dorausch Green Mountain Coffee Roasters made headlines last week due to the fact that its future Keurig brewers won't work with unlicensed K-cups -- the store and generic brands ...
As far as java sippers go, Green Mountain Coffee Roasters (GMCR) is hot. This Vermont company has seen its Keurig devices become the brewer of choice among fans of premium coffee in one-cup servings.
Keurig Dr Pepper Inc. (/ ˈ k j ʊər ɪ ɡ /), formerly Green Mountain Coffee Roasters (1981–2014) and Keurig Green Mountain (2014–2018), is a publicly traded American beverage and coffeemaker conglomerate with headquarters in Burlington, Massachusetts, and Frisco, Texas. [6]
Investors reacted positively to Green Mountain Coffee Roasters' K-Cup deal with Unilever's venerated Lipton tea brand. The only problem is that it's ridiculous. Since when is making a cup of hot ...
It launched its first brewers and K-Cup pods in 1998, targeting the office market. As the single-cup brewing system gained popularity, brewers for home use were added in 2004. In 2006, the publicly traded Vermont-based specialty coffee company Green Mountain Coffee Roasters acquired Keurig, sparking rapid growth for both companies.
Tully sold its North American wholesale coffee-bean distribution business, brand (which it licensed back for $1/year in perpetuity), and roasting operation to Green Mountain Coffee Roasters in 2009, earning $40.3 million in the deal, allowing the company to pay off 100% of its debt, including trade debt, make a cash distribution to shareholders, and maintain substantial cash reserves for the ...
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