The agreement significantly strengthens Nestlé’s coffee portfolio in the North American premium roast and ground and portioned coffee business. It also unlocks global expansion in grocery and foodservice for the Starbucks brand, using the global reach of Nestlé.  

As part of the alliance, Nestlé will obtain the rights to market, sell, and distribute Starbucks®, Seattle’s Best Coffee®, Starbucks Reserve®, Teavana™, Starbucks VIA® and Torrefazione Italia® packaged coffee and tea in all global at-home and away-from-home channels. Nestlé will pay Starbucks $7.15 billion in closing consideration, and Starbucks – with a focus on long-term shareholder value creation – will retain a significant stake as licensor and supplier of roast and ground and other products going forward. Additionally, the Starbucks brand portfolio will be represented on Nestlé’s single-serve capsule systems.

With more than 90 million customer occasions in Starbucks stores each week, it’s the connection between the green apron barista and our customers that translates into familiar, trusted RTD products in the grocery aisle.

Starbucks chief Howard Schultz announced that he was stepping down as CEO of the company, effective April 2017. Schultz plans on staying on board as executive chairman, turning the CEO reins over to Starbucks President and COO Kevin Johnson.

Nitro Cold Brew is cold right out of the tap so it is served without ice and as with Cold Brew, it's served unsweetened to highlight the flavor.

For those seeking home delivery, Bantam Bagels will send NYC straight to you via its newly refurbished online ordering system, which now includes flat rate shipping anywhere in the US.

Starting customers can enjoy the new sweetly tart Teavana® Shaken Berry Sangria Herbal Tea or the new Iced Coconut Milk Mocha Macchiato, the company’s first iced beverage that features coconut milk. Affogato-style Frappuccino® blended beverage is also joining Starbucks summer menu, along with Megpies artisan tarts.

Together, Starbucks and Anheuser-Busch will bring their complementary strengths to bear to capitalize on the significant growth opportunity.

In addition to bringing handcrafted vanilla flavor to Cold Brew coffee, Starbucks will also debut a handcrafted Starbucks Doubleshot® on Ice espresso beverage and introduce Nitro Cold Brew in select cities.