New Tool: ProSource
Checkout our packaging and processing solutions finder, ProSource.

Nestlé buys Chameleon Cold-Brew coffee business

The purchase marks the company’s second small-coffee acquisition in recent months.

Pfw 7239 Nov News Nestle Logo 2017 0

Nestlé has purchased Texas-based Chameleon Cold-Brew, the No.1 organic cold-brew brand in the US, as part of its plan to bolster its coffee business. Nestlé bought a majority stake in Blue Bottle Coffee in September. The two recent acquisitions are seen as part of an effort for Nestlé to increase sales by gaining control of small independent brands that appeal to younger consumers.

Nestlé did not reveal the purchase price for Chameleon, which sells refrigerated ready-to-drink bottled coffees, concentrated cold brews, cold-brew kits and whole bean coffee.

How Can You Honor a Leader?
Induction into the Packaging & Processing Hall of Fame is the highest honor in our industry. Submit your leader to be considered for the Class of 2024 now through June 10th. New members will be inducted at PACK EXPO International in Chicago.
Read More
How Can You Honor a Leader?
Discover Our Content Hub
Access ProFood World's free educational content library!
Read More
Discover Our Content Hub