Reborn Coffee, Inc., a California-based specialty coffee retailer, has announced its intent to acquire a 55% majority stake in Derin Lezzetler, an Istanbul, Turkey-based producer of artisan snacks and frozen bakery products. This strategic move aims to expand Reborn Coffee’s presence in the health-conscious food market across the US, Europe, Middle East, and Asia Pacific regions. Derin Lezzetler, established in 2015, is known for its gluten-free, vegan, keto-friendly, and no-added-sugar snack offerings and has a significant distribution network that includes global brands such as Starbucks and Costa Coffee. The acquisition is set to enhance Reborn Coffee’s product line, leveraging Derin Lezzetler’s expertise and established market presence to penetrate new markets and cater to health-conscious consumers. Both companies share a commitment to quality and innovation, promising further growth in global and particularly US markets.
Specialty Coffee Retail, Health Food Production,United States, Turkey
https://www.globenewswire.com/news-release/2024/05/21/2885590/0/en/Reborn-Coffee-Announces-Letter-of-Intent-to-Acquire-Majority-Stake-in-Derin-Lezzetler-an-Istanbul-Turkey-based-Artisan-Snack-and-Frozen-Bakery-Producer.html