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Green Mountain Coffee Roasters to Acquire Van Houtte

Practices: Tax, Finance

Ropes & Gray represented Green Mountain Coffee Roasters, Inc. in its proposed acquisition of Canadian gourmet coffee roaster Van Houtte from its private equity owner Littlejohn for CDN $915 million in cash, announced on September 14.

The Ropes & Gray team was led by corporate partner Jane Goldstein and included corporate associates Taylor Hart and Sarah Schaffer-Raux; tax partner Eric Elfman and associate Aaron Harsh; and debt finance associate Alyson Stewart.

Earlier this year, Ropes & Gray represented Green Mountain in Luigi Lavazza S.p.A's agreement to buy $250 million of newly issued shares of common stock in the Vermont-based coffee company. The transaction was announced in August 2010.

The firm represented Green Mountain on several other strategic transactions over the last 18 months, including its

  • $290 million acquisition of Diedrich Coffee, Inc. in 2010;
  • $165 million acquisition of Timothy's Coffees of the World, Inc. in 2009;
  • multi-million dollar acquisition of Tully’s Coffee Corporation in 2009;
  • offering of 4 million shares of common stock in 2009.
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