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PRINT THIS PAGE Littlejohn acquires Van Houtte for CAN$600m23/07/2007. Source: AltAssets. 
Greenwich, Connecticut-based mid-market buy-out specialist Littlejohn & Co. has completed its acquisition of gourmet coffee producer Van Houtte for CAN$600m. Shareholders who have tendered their shares will receive CAN$25 per share. Van Houtte markets coffees across Canada and the US through distribution channels that include coffee services, retail stores, café-bistros and online shopping. Van Houtte employs 1,900 people in Canada and the US.
Littlejohn is currently investing from Littlejohn Fund III, which has US$850m in capital commitments.
In addition to the Van Houtte transaction, Littlejohn recently announced the acquisition of the ITT Switches Business, which manufactures switches, dome arrays, interface controls and keypads for a variety of industries including mobile communications, computer and automotive.
Copyright © 2007 AltAssets

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