Sara Lee Snaps Up Dutch Coffee Company

Retail Reuters

Sara Lee Corp said on Monday it is buying a Dutch coffee house chain, its latest acquisition aimed at building up its international coffee and tea business.

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Sara Lee, which is splitting itself into two companies, one of them an overseas coffee and tea business, said the deal to buy CoffeeCompany, a chain of 60 cafes in major cities in the Netherlands, should close in the next 30 days.

CoffeeCompany is partly owned by KRC Capital and gets 7 million visits per year.

Sara Lee said its company split is expected in the first half of 2012.

Sara Lee last month also bought House of Coffee, a beverage foodservice company with customers in Norway and Denmark.

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