Keurig Green Mountain to Acquire Bevyz Global Ltd.

WATERBURY, Vt.--(BUSINESS WIRE)--Keurig Green Mountain, Inc. (Keurig) (NASDAQ: GMCR), a leader in specialty coffee, coffee makers, teas, and other beverages with its innovative brewing technology, announced today that it has entered into an agreement to acquire the outstanding equity of MDS Global Holding p.l.c. (“Bevyz”) that it does not already own. The transaction is valued at approximately €178 million euros, in cash, or approximately $220 million based on exchange rates as of the close of business on December 3, 2014. Keurig currently owns approximately 15% of Bevyz on a fully diluted basis and will fund the acquisition with cash on hand. The transaction is subject to customary closing conditions and is expected to close in the next month.