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Keurig coffee buying moves to Switzerland

Dec. 15, 2014 3:22 AM ETKeurig Green Mountain Inc (GMCR) StockGMCRBy: Yoel Minkoff, SA News Editor2 Comments
  • Keurig Green Mountain (NASDAQ:GMCR) is moving most of its U.S. coffee buying operations to Switzerland, after forming a new corporate entity called Keurig Trading GmbH there this past fall.
  • "The core of our green bean coffee procurement for our global manufacturing operations will take place in Switzerland," said a Keurig spokeswoman, although she declined to comment on whether low taxes were a factor in the decision.

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