Green Mountain Coffee Roasters to Acquire Van Houtte
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Goodmans represents Green Mountain Coffee Roasters, Inc. (“GMCR”) in connection with its acquisition of Van Houtte Inc. (“Van Houtte”). On September 14, 2010, GMCR executed a Share Purchase Agreement pursuant to which GMCR will acquire all the outstanding shares of LJVH Holdings, Inc., from an affiliate of Littlejohn & Co., LLC, a private equity firm headquartered in Greenwich, CT, for a cash purchase price of $915 million or US$890 million. The transaction is expected to close by the end of 2010. GMCR is a leading specialty coffee company based in Waterbury, Vermont. Based in Montreal, Quebec, Van Houtte is a leading gourmet coffee brand in Canada in the home and office channels.