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Mondelez International and D.E. Master Blenders form new coffee company

May 07, 2014 7:10 AM ETMondelez International, Inc. (MDLZ) StockBy: Clark Schultz, SA News Editor
  • Mondelez International (NASDAQ:MDLZ) says it will form a new coffee company with D.E. Master Blenders.
  • The new company, Jacobs Douwe Egberts, is forecast to have revenue of over $7B and an EBITDA margin in the high teens.
  • Mondelez will have a 49% interest in Jacobs Douwe Egberts after the transaction closes.

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