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Jan 04, 2012
Sara Lee Buys Tea FortéStrengthening its presence in the ultra premium tea category, Sara Lee Corp. has acquired Concord, Mass.-based Tea Forté for an undisclosed sum. In related news, Sara Lee completed the sale of the majority of its North American foodservice coffee business to The J.M. Smucker Co., which is known for its Dunkin' Donuts and Folgers coffee brands.The sale, also announced on Jan. 3, includes liquid coffee concentrate sold under the Douwe Egberts brand.
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