Jacobs Douwe Egberts acquires Repa and Fruchthof
Jacobs Douwe Egberts, a subsidiary of the Euronext Amsterdam listed JDE Peet's Group, announced the acquisition of Repa AG and Fruchthof Aktiengesellschaft. The target group supplies liquid concentrate of coffee, milk, cacao and tea as well as juice concentrate and is a provider of services related to coffee and juice machines in Switzerland. Since 1982 Repa has been the Swiss distributor for JDE's Cafitesse liquid coffee and machines, including delivery and technical service, while Fruchthof juice systems use the same frozen technology as Cafitesse. The transaction is subject to customary closing conditions and expected to close in Q4 2020.
Lenz & Staehelin advises Jacobs Douwe Egberts in this transaction. The team includes Tino Gaberthüel, Simone Ehrsam and Lukas Held (all M&A) as well as Veronique Amrein (Employment).