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Nestle will acquire Chameleon Cold-Brew

Nestle will add to its craft coffee portfolio with the acquisition of Chameleon Cold-Brew, a deal that comes on the heels of Nestle's September purchase of a huge stake in Blue Bottle Coffee. "We are committed to helping Chameleon grow into new markets and channels, while retaining its values and, of course, delicious, premium crafted coffee," said Paul Grimwood, CEO of Nestle USA.

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