Sara Lee to Buy Cafe Damasco

“Sara Lee Corp. is buying Brazilian coffee company Cafe Damasco for nearly $60 million as it continues to focus on its more-profitable coffee and meat businesses. The purchase of Cafe Damasco gives Sara Lee a stronger presence in Brazil, particularly in the south where the coffee company has a strong market position, Frank van Oers, CEO of Sara Lee’s international beverage and bakery business, said in a statement.

Sara Lee already has the Pilao and Caboclo coffee brands in the central regions of Sao Paulo and Rio de Janeiro. Its other Brazilian coffee brands include Cafe do Ponto, Moka, and Seleto.” – Business Week

The best part of waking up is that corporate aroma in your cup

Advertisements

One thought on “Sara Lee to Buy Cafe Damasco

  1. Pingback: karinshowtes

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s