CoffeeGeek - Starbucks Corporation completes acquisition of Seattle Coffee Company (#)
„July 14, 2003 (SEATTLE, WA) – Starbucks Corporation (Nasdaq: SBUX) today announced that it has completed the acquisition of Seattle Coffee Company from AFC Enterprises, Inc. (Nasdaq: AFCE) announced on April 16, 2003. Seattle Coffee Company includes the Seattle's Best Coffee® (SBC) and Torrefazione Italia® Coffee (TI) brands.“
http://www.coffeegeek.com/resources/pressreleases/ sccjuly142003 - Cached
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Tea & Coffee 02/00 - World News
„AFC Enterprises Inc., which operates Seattle Coffee Co., last year reported sales of $1.8-billion (U.S.). Seattle Coffee, which owns Seattle's Best Coffee. It operates more than 100 retail shops under the Seattle's Best Coffee and Torrefazione Italia banners and has more than 5,000 global wholesale distribution points in hotels, restaurants and grocery chains. AFC also operates more than 3,300 restaurants in 25 countries, including Church's Chicken, Cinnabon and Popeye Chicken & Biscuits.“
http://www.teaandcoffee.net/0200/world.htm
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Global Exchange : Starbucks Absorbs Smaller Rival
„Starbucks Corp., the world's largest chain of coffee shops, said Wednesday it would buy smaller rival Seattle Coffee Co. from AFC Enterprises Inc. for $72 million in cash.“
http://www.globalexchange.org/campaigns/fairtrade/coffee/ 661.html
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„Seattle's Best Coffee LLC, the coffee-marketing subsidiary of AFC Enterprises Inc., said it has entered into a retail distribution agreement with Safeway Inc. Financial terms were not disclosed.“
http://www.aboutcoffee.net/ 2002_09_22_bcearc.html
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„McDonald's was charging just $0.49 for the stuff! Flash forward to the amazing growth of Starbucks (Nasdaq: SBUX) and its elasticity -- if not audacity -- to charge $2 for a cup of coffee or even more for flavored bean water.“
http://www.aboutcoffee.net/ 2004_05_09_bcearc.html
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„Shares of Irvine, Calif.-based Starbucks (Nasdaq: SBUX) competitor Diedrich Coffee (Nasdaq: DDRX) jumped more than 11% in yesterday's trading following the announcement that the company agreed to sell the international franchise operation of its Gloria Jean's brand to Jireh International, its Australian franchisee, for $16 million in cash and $7.25 million in licensing and consulting payments to be delivered over six years.“
http://www.aboutcoffee.net/2004/12/ somethings-brewing-at-diedrich-coffee.html
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Archived in Seattle Coffee, Coffee Company