Peet's Coffee & Tea

Peet's Coffee & Tea, founded in 1966 by Alfred Peet in Berkeley, California, is a renowned specialty coffee roaster and retailer. The company introduced the U.S. market to darker roasted Arabica coffee, offering blends like French Roast and espresso-grade beans.

Peet's provides freshly roasted beans, brewed coffee, espresso beverages, and bottled cold brew. Its products are available in over 14,000 grocery stores across the United States.

Company Acquisition and Portfolio Expansion

In 2012, Peet's was acquired by JAB Holding Company, a German investment group, for $977.6 million. Following this acquisition, Peet’s expanded its portfolio.

This expansion included the acquisition of Mighty Leaf Tea in 2014, Stumptown Coffee Roasters in 2015, and Intelligentsia Coffee & Tea in 2015.

Locations

As of 2024, Peet's operates 288 retail locations across 16 states and territories in the U.S., with California housing the majority of these locations.

It has also expanded internationally, opening a flagship roastery café in Shanghai, China, in 2017.

Additional location:

• Torrance, CA, USA

Commitment to Sustainability

Peet's commitment to quality is reflected in its dedication to sustainability and ethical sourcing. The company collaborates closely with farmers and producers to ensure products are delicious, environmentally friendly, and socially responsible.

By supporting sustainable agriculture and fair trade practices, Peet's aims to make a positive impact and create a better future for generations to come.

Summary

In summary, Peet's Coffee & Tea offers a diverse range of high-quality coffee and tea products with an emphasis on sustainability and ethics.

With a strong presence in the U.S. and international markets, Peet's continues to be a significant player in the specialty coffee industry.