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Successful IPO of JDE Peet's

07.06.2020

The Reimann family brings coffee giants to the stock market.

image source: JDE Peet's

The Luxembourg-based company JDE Peet's was successfully launched on the stock exchange on 29.05.2020 under the WKN A2P0E9. The name was created from the top-selling brands Jacobs (Germany), Douwe Egberts (Netherlands) and Peet's Coffee (USA). The brands are represented in over 140 countries. These include coffee brands:

In addition to coffee and espresso, the portfolio includes tea, instant coffee, capsule and pad systems (Senseo and Tassimo) and coffee house chains. JDE Peet's expects a turnover of approx. 7 billion euros for 2020. The operating result for 2019 was just under 1.3 billion euros.

autoren
Harald Mohring

editor

After a technical study in 2005 he went to a repair center for electrical appliances. When there was a lot of coffee, many coffee machines were dismantled and analysed. Since then he shares his knowledge online. A real coffee junkie.