Douwe Egberts

D.E. Master Blenders 1753 NV[1]
Private
Industry Beverage
Founded 1753
Founder Egbert Douwes
Headquarters Amsterdam, Netherlands
Products Coffee and Tea/ Tobacco/ Coffee brewing machines.
Parent Joh. A. Benckiser

Douwe Egberts is the main brand name for D.E. Master Blenders 1753, a multinational tea and coffee company operating out of the Netherlands.[2] It was founded in the Netherlands by Egbert Douwes in 1753 as The White Ox (De Witte Os) a general grocery shop, which later developed into a company dealing in coffee, tea, and tobacco. By 1925 it had changed its name to Douwe Egberts, and had introduced the red seal as its logo.[3] The company expanded through Europe, acquiring other tea, coffee and tobacco companies, such as the UK tea distributor Hornimans, until it was taken over by the Sara Lee Corporation in 1978. The tobacco interests, Van Nelle and Drum rolling tobacco, were sold to Imperial Tobacco in 1998,[4] then in 2001 the company in collaboration with Philips produced the Senseo coffee maker system. With profits from the coffee division under threat from rivals such as Nestlé and Kraft, and being unable to find a buyer, in 2012 Sara Lee split off the coffee division into D.E Master Blenders 1753, offering share-holders one share in the new company for each main share they held.[5][6] The main Sara Lee company changed name to Hillshire Brands.[7] In 2013 German investor group Joh. A. Benckiser made an offer to purchase D.E Master Blenders 1753 for $9.8 billion.[8]

Chronology

The original Douwe Egberts shop, The White Ox in Joure, is now a museum

Brands

Brands owned by D.E. Master Blenders 1753 include Douwe Egberts ground and instant coffee; also Douwe Egberts Coffee Systems and Coffee Care, a drinks supply.

References

  1. 1.0 1.1 Dutch Coffee Brewer Coming Home May Give Jolt to Exchange, Maud van Gaal and Maaike Noordhuis (for Bloomberg), San Francisco Chronicle, June 12, 2012
  2. "Company Overview". demasterblenders1753.com.
  3. "Heritage". demasterblenders1753.com.
  4. "Sara Lee to Sell Tobacco Unit for $1.1 Billion". latimes.com. 8 April 1998.
  5. Emily Bryson York (28 January 2011). "Sara Lee to split into two businesses". latimes.com.
  6. Reuters (12 June 2012). "Sara Lee coffee spinoff D.E Master Blenders starts trading". chicagotribune.com.
  7. "Investor FAQs". hillshirebrands.com.
  8. Mark Scott (12 April 2013). "Benckiser to Buy D.E Master Blenders for $9.8 Billion". nytimes.com.
  9. Company News, DEMB1753, Amsterdam.Accessed: 18 January 2014.
  10. August 2012 "Acerca de Marcilla (Spanish)".

External links

Wikimedia Commons has media related to Douwe Egberts.