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15 September 2017

Nestlé buys big into Blue Bottle

Nestlé has paid between $425m and $500m for a 68% stake in high-end coffee roaster and retailer Blue Bottle Coffee, likely giving an exit to GV.

Author: Robert Lavine, News Editor

Food and beverage producer Nestlé agreed yesterday to acquire a majority stake in Blue Bottle Coffee, the coffee roaster and retailer backed by internet technology group Alphabet.