Effective February 6, 2017, Farmer Brothers has acquired West Coast Coffee in a cash transaction. Farmer Brothers (NASDAQ: FARM) is a coffee roaster and foodservice distribution company based in Dallas Texas. The company specializes in the manufacture and distribution of coffee, tea and related products to restaurants, foodservice, and convenience stores across the U.S.
West Coast Coffee, owned by Jim Beckman and Robert Vincent, is a Portland, Oregon based roaster and distributor of specialty coffee and tea to convenience stores through several distribution sites along the West Coast. Mr. Beckman will join Farmers in a senior management role.
The transaction was facilitated by Mike Kelner, Vending Biz Broker LLC of Charlotte NC.