The following video is from Friday's Motley Fool Money roundtable discussion with host Chris Hill, and analysts Ron Gross, Jason Moser, and Charly Travers.
In 2012, the Germany-based Benckiser Group spent $1.3B to buy Peet's Coffee & Tea, as well as Caribou Coffee. On Friday, Benckiser announced that it's buying European coffee maker Master Blenders for around $10 billion. In the United States, Benckiser is closing 15% of Caribou locations, and converting 20% of the stores into Peet's (NASDAQ: PEET). In this installment of Motley Fool Money, our analysts discuss whether Benckiser's big bet on coffee poses a threat to Starbucks (SBUX 0.47%).
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The relevant video segment can be found between 7:41 and 10:44
For the full video of today's Motley Fool Money, click here.
