Nestle Mulls Sale of Blue Bottle Coffee, Reuters Says, Citing Sources
--Nestle is considering the sale of Blue Bottle Coffee premium coffee chain, Reuters says, citing unnamed sources.
--The move is part of new CEO Philipp Navratil's broader strategic review, which aims to streamline the company's portfolio and exit the business of operating physical retail locations, Reuters says.
--Nestle acquired Blue Bottle Coffee in 2017 in a deal which valued it at around $700 million, with sources saying that a sale would value the chain at a discount to that, Reuters says.
--Nestle declined to comment, according to Reuters.
Full story: https://shorturl.at/ltvWs
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
December 02, 2025 03:06 ET (08:06 GMT)
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