JDE Peet’s to significantly expand its aluminium coffee capsule production capacity
20 Ottobre 2020 - 7:00AM
JDE Peet’s to significantly expand its aluminium coffee capsule
production capacity
EUR 110 million investment will increase capsule
production by +60% Press release Amsterdam, 20
October 2020
JDE Peet’s (EURONEXT: JDEP), the world's largest pure-play
coffee and tea group by revenue, today announced plans to invest
EUR 110 million in its global supply network through the
installation of new high-speed aluminium coffee capsule production
lines. These additional lines will be installed in stages over the
coming 18 months beginning with new lines in Andrézieux, France
that will become operational in the course of H1 2021. These
investments are the latest in a series of manufacturing capacity
expansions designed to meet the increased consumer demand for
single serve products. The total EUR 110 million investment will
increase JDE Peet’s capsule production capacity by +60% to meet the
rapidly expanding consumer demand for premium Single Serve coffee
experiences.
“The total Single Serve coffee category has seen tremendous
growth, a trend that is expected to continue, with aluminium coffee
capsules serving as a strong driver,” said Fabien Simon, CEO of JDE
Peet’s. “We were the first to bring aluminium coffee capsules into
grocery stores back in 2016, driving general category growth,
increasing consumer choice and creating value for our customers.
This new strategic investment ensures that JDE Peet’s is well
positioned within the market as this category continues to
expand.”
Since pioneering the aluminium coffee capsule
market in grocery retail back in 2016, JDE Peet’s has quickly
gained significant market share in one of the fastest growing
premium coffee segments and has successfully applied this
technology throughout its brand portfolio in 47 markets. According
to Euromonitor, JDE Peet’s represents ~13% of the total Single
Serve coffee category, which is currently valued at EUR 17 billion
and is expected to grow at an annual rate of 7.8% to EUR 23 billion
by 2024, fuelled by consumers’ increasing preference for premium
Single Serve coffee products.
Since the introduction of aluminium coffee capsules in 2016, the
Andrézieux factory has become a major employer in the
Auvergne-Rhône-Alpes region, growing its workforce by more than 60%
(150 jobs). The factory produces more than 400 different types of
coffee and recently celebrated the production of its 10 billionth
aluminium coffee capsule.
Enquiries MediaMichael Orr (EN) |
Nathalie Rolland (FR)Media@JDEPeets.com
Investors & AnalystsRobin Jansen+31 6 1594
4569Robin.Jansen@JDEcoffee.com
About JDE Peet’sJDE Peet’s is the world's largest
pure-play coffee and tea group by revenue, serving approximately
130 billion cups of coffee and tea in the financial year ended 31
December 2019 in more than 100 developed and emerging countries.
With a portfolio of more than 50 leading global, regional and local
coffee and tea brands, JDE Peet’s offers an extensive range of
high-quality and innovative coffee and tea products and solutions
to serve consumer needs across markets, consumer preferences and
price levels. In 2019, JDE Peet’s generated total sales of EUR 6.9
billion and had on average 21,255 employees worldwide. The JDE
Peet’s global portfolio includes: Jacobs, Peet’s, L’OR, Senseo,
Tassimo and Ti Ora. For more information please visit JDE Peet’s
website.
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capsule production capacity
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