Jarden Consumer Solutions (JCS), a wholly owned subsidiary of Jarden Corp., and Keurig, Inc., a wholly owned subsidiary of Green Mountain Coffee Roasters, Inc. (GMCR), announced an agreement to expand the line of Mr. Coffee® single-cup coffeemakers. This expanded offering will feature Keurig's® branded, patented single-cup brewing technology for use with the more than 200 varieties of gourmet coffees, teas and hot cocoa packaged in Keurig's® single-serve K-Cup® portion packs. The Mr. Coffee® single-cup coffeemakers will now include brewers that feature reservoirs to quickly brew multiple cups of coffee. This is an addition to the existing single-cup offering of Mr. Coffee® coffeemakers featuring Keurig's patented single-cup brewing technology.
Jarden Consumer Solutions intends to commercialize this expanded offering of coffeemakers alongside its current brewers in the U.S. and Canada. Other terms and conditions of the development agreement were not disclosed.
Alejandro Pena, senior vice president and general manager, Global Appliances, for JCS, said in a prepared statement, "We are very excited about the opportunity to broaden our relationship with Keurig. As the leader in at-home coffee brewing, the Mr. Coffee® brand is able to expand the Keurig® Single-Cup Brewing technology into additional brewers, making it available to more consumers. This agreement represents an additional important step in creating another solution for our many consumers while satisfying their needs and broadening the Mr. Coffee® portfolio of products."
"The Mr. Coffee® brand is well known to consumers and we're pleased that Jarden Consumer Solutions has opted to expand its current portfolio of Mr. Coffee® coffeemakers leveraging Keurig's® Single-Cup Brewing technology," said John Whoriskey, vice president, general manager of Keurig's at home division. "With help from great brands like Mr. Coffee, Keurig is changing the way North America brews."
Visit www.GreenMountainCoffee.com and www.Keurig.com for more information.
About Jarden Consumer Solutions
Jarden Consumer Solutions (JCS), a subsidiary of Jarden Corporation (NYSE:JAH), is a leading consumer products company that designs, manufactures and markets, nationally and internationally, a diverse portfolio of consumer products under world-class brands such as Bionaire®, Crock-Pot®, FoodSaver®, Health o meter®, Holmes®, Mr. Coffee®, Oster®, Patton®, Rival®, Seal-a-Meal®, skybar™, Sunbeam® and VillaWare®. JCS is headquartered in Boca Raton, Florida, and employs more than 10,000 people in 15 countries. More information about JCS can be found on the Web at www.jardencs.com.
Headquartered in Rye, N.Y., Jarden Corporation ranks #379 on the Fortune 500 and has over 25,000 employees worldwide. For in-depth information about Jarden, visit www.jarden.com.
