Sara Lee/DE, headquartered in The Netherlands, has signed an agreement to buy the Polish coffee business, Prima S.A. The final transaction is expected to be completed in December of this year.
"This acquisition reinforces Sara Lee's coffee position in the Central European region, where it already holds leading positions in Hungary and the Czech Republic," said C. Steven McMillan, chairman, president and c.e.o. of Sara Lee Corp. "With the addition of Prima S.A., we now have a very strong distribution network that will help drive our growth in Central Europe."
Sara Lee is the third largest retail coffee roaster in the U.S., the second-largest retail and foodservice coffee roaster in Europe, the largest foodservice coffee roaster in the U.S. and the largest coffee roaster in Brazil. Its brands include Chock full o'Nuts, Hills Bros., and MJB in the United States; Douwe Egberts, Maison du Cafe and Marcilla in Europe; and, Uniao, Caboclo and Cafe do Ponto in Brazil.
Prima, a subsidiary of Drie Mollen Holding B.V., is one of the largest coffee producers in Poland, with an 18% share of the Polish retail market, according to Sara Lee. Prima Niebieska, the company's best-selling coffee variety, holds a number one position in the Polish retail coffee market, with a 15.5% market share.