Food Dive reported the development on 2026-04-23. The deal includes the brand's cafes and the majority of its CPG business, a spokesperson confirmed.
The report places the news in a wider commercial context. Nestlé is selling its Blue Bottle Coffee business to China-based Centurium Capital for an undisclosed amount, the company announced Thursday. The deal includes Blue Bottle's cafes and its CPG business. Nestlé will retain the rights for Blue Bottle’s single-serve Nespresso pods, a spokesperson confirmed to Food Dive.
For the food sector, the practical implications extend beyond the immediate announcement. Centurium Capital is the biggest stakeholder of China's largest coffee chain Luckin Coffee. The deal, expected to close in the first half of this year, will expand Centurium's presence in the U.S.
Attention now turns to how companies, customers and regulators respond. Along with Blue Bottle, Nestlé announced it was engaging with potential partners for its waters and premium beverages business, which includes Sanpellegrino. The company is also looking to sell off its mainstream vitamins, minerals and supplements business.
Food Dive
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