Starbucks Corporation is an American multinational chain of coffee shops and roaster reservations based in Seattle, Washington. It is the largest coffee chain in the world. SEATTLE Nestlé will acquire the Seattle's Best Coffee brand from Starbucks to strengthen its coffee business in North America. Nestlé says the transaction is part of the company's focus on driving sustained profitable growth in the coffee category.
David Rennie, director of coffee brands at Nestlé, said that the acquisition of Seattle's Best will continue to expand the company's portfolio and offer customers more options.
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