{"id":59621,"date":"2026-05-04T07:14:38","date_gmt":"2026-05-04T07:14:38","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/59621\/"},"modified":"2026-05-04T07:14:38","modified_gmt":"2026-05-04T07:14:38","slug":"nestle-sells-blue-bottle-coffee-to-centurium-capital-3","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/59621\/","title":{"rendered":"Nestl\u00e9 sells Blue Bottle Coffee to Centurium Capital"},"content":{"rendered":"\n

This story was originally published on Food Dive<\/a>. To receive daily news and insights, subscribe to our free daily Food Dive newsletter<\/a>. <\/p>\n

Dive Brief: <\/p>\n

Nestl\u00e9 is selling its Blue Bottle Coffee <\/a>business to China-based Centurium Capital for an undisclosed amount, the company announced Thursday.\u00a0<\/p>\n

The deal includes Blue Bottle’s cafes and its CPG business. Nestl\u00e9 will retain the rights for Blue Bottle\u2019s single-serve Nespresso pods, a spokesperson confirmed to Food Dive.<\/p>\n

Centurium\u00a0Capital is the biggest stakeholder of China’s largest coffee chain Luckin Coffee. The deal, expected to close in the first half of this year, will expand Centurium’s presence in the U.S.<\/p>\n

Dive Insight: <\/p>\n

Nestl\u00e9 has been working quickly to prune its portfolio as new CEO Philipp Navratil looks to streamline its food and beverage business to focus on core brands<\/a> amid changing consumer preferences.<\/p>\n

Along with Blue Bottle, Nestl\u00e9 announced it was engaging with potential partners for its waters and premium beverages business, which includes Sanpellegrino. The company is also looking to sell off its mainstream vitamins, minerals and supplements business.<\/p>\n

The pruning of some slow-growing or noncore brands continues a multi-year portfolio overall for the Switzerland-based food and beverage giant. The Lean Cuisine and Hot Pockets owner has previously sold its U.S. candy business<\/a>, its North American bottled water operations <\/a>and most recently announced it would offload the remainder of its ice cream assets<\/a>.<\/p>\n

The Blue Bottle deal frees Nestl\u00e9 from the brand\u2019s cafe footprint, which includes more than 100 locations across the United States and Asia. The brand also sells coffee beans, as well as ready-to-drink beverages, such as cold brew and lattes in cans and cartons.<\/p>\n

While financial details weren’t provided, previous reports have pegged the sale at $400 million, far below Blue Bottle’s $700 million valuation<\/a> when Nestl\u00e9 bought the brand in 2017.<\/p>\n

The Blue Bottle divestiture comes on the same day that Nestl\u00e9 posted first-quarter sales<\/a> of 21.32 billion Swiss francs (or $27.16 billion), a drop of 5.7% from a year earlier. The company\u2019s real internal growth, which measures volume growth excluding price increases and acquisitions, rose 1.2% during the period.\u00a0<\/p>\n

Nestl\u00e9 has struggled recently with turnover in its executive ranks<\/a> and weaker-than-expected results across its operations. Marty Thompson, the head of its U.S. operations, said in December that Nestl\u00e9 is undertaking an extensive review of its portfolio in the region<\/a> as the DiGiorno pizza maker works with a \u201csense of urgency\u201d to strengthen its brands and win more eating occasions.<\/p>\n","protected":false},"excerpt":{"rendered":"This story was originally published on Food Dive. To receive daily news and insights, subscribe to our free…\n","protected":false},"author":2,"featured_media":59622,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[126],"tags":[2912,15756,15750,15751,199],"class_list":{"0":"post-59621","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-nestle","8":"tag-blue-bottle-coffee","9":"tag-centurium","10":"tag-centurium-capital","11":"tag-luckin-coffee","12":"tag-nestle"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116515076091462069","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/59621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=59621"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/59621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/59622"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=59621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=59621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=59621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}