JDE Peet's
Netherlands · Food & Beverages
LeaveRussia detail: Scaling Back
JDE Peet's is an American-Dutch company that owns beverage brands, mainly coffee, tea and hot chocolate.
Decision trail
Decision date 18/08/2023 · Reference ↗
JDE Peet's (coffee brands Jacobs, L'Or, Tassimo) will stop selling foreign brands of coffee and tea in Russia before the end of the year. Only local brands will be represented in Russia. The owner of Peet’s Coffee is making a series of changes to its business to keep selling in Russia, offering a rare example of how some companies are charting a new normal as the Ukraine war rages on.
Local stats (LeaveRussia)
Glob.Revenue, mln.USD
8570
Status history since 2022
- 03/08/2026 — scaling back · Imported from KSE LeaveRussia
Exposure profile
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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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