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CANADA
Kraft Heinz Canada acquired Vancouver, British Colombia-based Ethical Bean Coffee in September.
Lloyd Bernhardt, who co-founded the roasting company with Kim Schachte in 2003, said that “with Kraft Heinz’s expertise and scale, we’re confident that Ethical Bean Coffee will continue to deliver on its promise of ethical sourcing.”
“We are proud of what Ethical Bean has been able to accomplish over the past 15 years, building a brand with a solid reputation across North America for great tasting coffee, that is sustainably sourced,” said Bernhardt in a prepared statement.
Kraft Heinz Canada president Carlos Piani said that “we believe quality coffee starts at the source, which involves responsible sourcing and supporting the hard-working dedicated farmers at origin. The acquisition of Ethical Bean Coffee reinforces our pledge to the sustainable health of our people, our planet and our Company.”
A price was not disclosed.