Partnering With Keurig - A Joint Venture For Timothy" s World Coffee
Timothy's World Coffee has been a merchant par excellence offering premium roasted coffee beans. However its main presence is in Canada, where it produces the majority of its money from, the U.S. and Korea are other countries; Timothy's World Coffee has done business in. The United States operations of Timothy's World Coffee was shut down following the 9/11 tragedy.
So, is Timothy a sister-concern of Keurig? Is Keurig one of the acquirer brands of Timothy? These questions are normally asked by people when they hear Timothy and Keurig being spoken about, in the same wavelength. Actually - Timothy's is just a roaster partner of Keurig and is responsible for producing the single serve K-Cups for the line of single brewers from Keurig.
The K-Cups are slightly different from the run of the mill coffee cups in their design and make. The K-Cup is a plastic container and has a coffee filter inside the cup. The K-Cup holds the ground coffee beans. This K-Cup is then placed in a Keurig brewing machine, which then uses its patented technology to deliver the end product - A cup of high quality coffee. Timothy's World coffee's contribution to this process is by delivering the K-Cups, which form a centrifugal part of the entire coffee brewing process.
A little while ago, Green Mountain Coffee Roasters had made an announcement of their intent to purchase the Timothy's World Coffee brand for $157 Million. Bruegger's Enterprises bought into the retail operations of Timothy's, while so it could also play an active role in acquiring mmmuffins and Michael's Baguette, two partner dining establishments owned by Timothy's World Coffee. It was widely believed that the earnings from this acquisition activity would be seen reflecting on the Green Mountain's balance sheets from the fiscal of 2010.
Whether or not this acquisition was a wise decision by Green Mountain remains to be seen!
For the record, on President Obama's recent visit to the Canadian republic, he would have been pleasantly surprised with Presidential Number 44. This was a brand of coffee introduced by Timothy's to celebrate the visit of the president.
Keurig's single cup brewers are definitely popular amongst a lot of people and the use of K-Cups has decidedly been playing a really important role in increasing the popularity of the coffee brewers. Until the time the partnership existed though, Timothy's World Coffee was definitely doing what it did best then - To deliver K Cups to Keurig.
So, is Timothy a sister-concern of Keurig? Is Keurig one of the acquirer brands of Timothy? These questions are normally asked by people when they hear Timothy and Keurig being spoken about, in the same wavelength. Actually - Timothy's is just a roaster partner of Keurig and is responsible for producing the single serve K-Cups for the line of single brewers from Keurig.
The K-Cups are slightly different from the run of the mill coffee cups in their design and make. The K-Cup is a plastic container and has a coffee filter inside the cup. The K-Cup holds the ground coffee beans. This K-Cup is then placed in a Keurig brewing machine, which then uses its patented technology to deliver the end product - A cup of high quality coffee. Timothy's World coffee's contribution to this process is by delivering the K-Cups, which form a centrifugal part of the entire coffee brewing process.
A little while ago, Green Mountain Coffee Roasters had made an announcement of their intent to purchase the Timothy's World Coffee brand for $157 Million. Bruegger's Enterprises bought into the retail operations of Timothy's, while so it could also play an active role in acquiring mmmuffins and Michael's Baguette, two partner dining establishments owned by Timothy's World Coffee. It was widely believed that the earnings from this acquisition activity would be seen reflecting on the Green Mountain's balance sheets from the fiscal of 2010.
Whether or not this acquisition was a wise decision by Green Mountain remains to be seen!
For the record, on President Obama's recent visit to the Canadian republic, he would have been pleasantly surprised with Presidential Number 44. This was a brand of coffee introduced by Timothy's to celebrate the visit of the president.
Keurig's single cup brewers are definitely popular amongst a lot of people and the use of K-Cups has decidedly been playing a really important role in increasing the popularity of the coffee brewers. Until the time the partnership existed though, Timothy's World Coffee was definitely doing what it did best then - To deliver K Cups to Keurig.
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