SYSTM Foods Acquires Chameleon Organic Coffee from Nestlé USA
June 15, 2022
SYSTM Foods, a food & beverage brand platform formed by SYSTM Brands and PowerPlant Partners, has acquired Chameleon Organic Coffee (Chameleon Cold-Brew) from Nestlé USA. The acquisition brings a leading organic cold-brew brand into SYSTM Foods’ portfolio to accelerate product innovation, expand distribution, and support global growth of the brand.
- Buyers
- SYSTM Foods, PowerPlant Partners, SYSTM Brands
- Targets
- Chameleon Cold-Brew (Chameleon Organic Coffee)
- Sellers
- Nestlé USA, Inc.
- Platforms
- SYSTM Foods
- Industry
- Food & Beverage
- Location
- Texas, United States
- Transaction Type
- Divestiture
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