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ARAMARK acquires Van Houtte USA Holdings


August 30, 2011
By Administrator

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August 30, 2011, Philadelphia – ARAMARK Refreshment Services will acquire all outstanding shares of Van Houtte USA Holdings from Green Mountain Coffee Roasters (GMCR).

ARAMARK and GMCR announced the $145 million deal earlier this week, after signing a definitive stock purchase agreement.

"We believe there is a strong strategic fit between the Filterfresh business and ARAMARK and we look forward to continuing to work with ARAMARK as a valued distributor," said Dave Manly, general manager of the Away From Home business for GMCR's Keurig business unit.

GMCR acquired Van Houtte in December 2010. At the time of the acquisition, the company announced it would sell a portion of the former Van Houtte business, namely the American coffee service business.