Peet’s Coffee buys majority stake in Intelligentsia

Local roaster Intelligentsia Coffee insists its new pairing with Peet’s Coffee and Tea won’t give customers any grounds to complain. Peet’s is buying a majority stake in Intelligentsia, it was announced Friday. Detailed terms of the California-based coffee retailer’s purchase have not been disclosed. Intelligentsia will operate independently but with complete access to Peet’s resources, […]