NautaDutilh advises J.P. Morgan, Bank of America Merrill Lynch and Morgan Stanley, as joint lead arrangers, in the financing for the combination of the coffee business of Mondelēz International, Inc., one of the world's largest snacks companies, and D.E Master Blenders 1753, an international coffee and tea company headquartered in the Netherlands. The combination will create the world's leading pure-play coffee company.
The new company, with annual revenue of more than 7 billion USD, to be called Jacobs Douwe Egberts, will be based in the Netherlands. It will hold leading market positions in more than two dozen countries. The two companies own some of the world's leading coffee brands, such as Jacobs, Carte Noire, Gevalia, Kenco, Tassimo and Millicano from Mondelez International and Douwe Egberts, L'OR, Pilao and Senseo from D.E Master Blenders 1753.
The transactions are expected to be completed in the course of 2015, subject to regulatory approvals and the completion of employee information and consultation requirements.
NautaDutilh advises J.P. Morgan, Bank of America Merrill Lynch and Morgan Stanley alongside Weil Gotshal and Manges. The NautaDutilh team is led by David Viëtor and Annegien Kooij and included Lesley van Cappellen, Oscar Pfeiffer, Gijs ter Braak, Niek de Kort, Nico Blom and Saskia Bijl de Vroe.