Farmer Bros. Completes $45 Million acquisition of Sara Lee's Direct-Store Delivery Coffee Business
Farmer Bros. Completes $45 Million acquisition of Sara Lee's Direct-Store Delivery Coffee Business
Farmer Bros. Completes $45 Million acquisition of Sara Lee's Direct-Store Delivery Coffee Business
Farmer Bros. Co. said Monday that it has completed its acquisition of Sara Lee Corp.'s U.S. direct-store delivery Foodservice coffee business for $45 million.
The acquisition, which is being financed with cash and a credit line from Wachovia Bank, makes Farmer Bros. the nation's largest direct-store delivery business for coffee and allied products, with service to all 48 mainland states.
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