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JAB Weighs IPO for Coffee Business Including Peet’s Brand

Photographer: Daniel Acker/Bloomberg
Updated on

JAB Holding Co. said it’s considering an initial public offering of a coffee business including brands such as Peet’s and Jacobs.

The investment firm, backed by the billionaire Reimann family, plans to combine the Jacobs Douwe Egberts and Peet’s units in a single entity prior to a possible listing. The company aims to raise as much as 3 billion euros ($3.4 billion), the Financial Times reported, citing unidentified people familiar with the matter.