"Texas Pacific Group" bought 25% of capital of company "Strauss Coffee"

"Strauss Coffee”, a part of which is local company "Strauss Adriatic”, has signed the contract on partnership with “Texas Pacific Group” (TPG), which enabled "Strauss Coffee" increase its capital by 288m USD, while TPG became the owner of 25% of the company.

After this partnership was made official, the market value of company "Strauss" reached 1.15 billion USD.

"Strauss" expects capital profit in amount of 85m USD from this transaction.

TPG is the private share fund worth 50 billion USD. Its headquarters are in the USA and it has offices in about ten cities all around the world.

"Strauss Coffee" is the world's seventh company in production and processing of coffee, while "Strauss Adriatic" is the new name of company "Doncafe" since March.