Mr. Coffee® Brand and Keurig Announce Agreement For New Line of Single-Cup Coffeemakers
BOCA RATON, Fla., & WATERBURY, Vt.–(BUSINESS WIRE)–Jarden Consumer Solutions, a wholly-owned subsidiary of Jarden Corporation (NYSE: JAH), and Keurig, Incorporated, a wholly-owned subsidiary of Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR), today announced a new agreement to jointly develop Mr. Coffee® single-cup coffeemakers. These will feature Keurig’s branded, patented single-cup brewing technology for the more than 200 varieties of gourmet coffees, teas and hot cocoa packaged in Keurig’s patented K-Cup® portion packs.

Jarden Consumer Solutions (JCS) intends to commercialize the new coffeemakers in the U.S. and Canada under the Mr. Coffee® brand featuring Keurig®-branded brewing technology to be sold to JCS’s retail customers alongside its other products.

Alejandro Pena, Sr. Vice President and General Manager, Global Appliances for Jarden Consumer Solutions, stated, “We are very excited about the opportunity to team up with Keurig. As the leader in at-home coffee brewing, the Mr. Coffee brand is able to make the Keurig single-cup brewing technology available to more consumers. This agreement represents an important step in creating another solution for our many consumers while satisfying their needs and broadening the Mr. Coffee portfolio of products.”

“For Keurig, the opportunity to add the Mr. Coffee brand to the growing brands using Keurig single-cup technology is further proof for us that this technology is truly becoming mainstream,” said John Whoriskey, Vice President and General Manager of the At Home Division of Keurig, Incorporated. “Keurig technology is revolutionizing the way coffee is made at home and we will continue to find ways to expand our reach and breadth so that many more consumers can enjoy the benefits of Keurig single-cup brewing.”