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Global Yellow Pages to buy Gloria Jean's Coffees

It aims to tap into Asia's growing coffee- drinking culture, especially in China

Published Thu, Dec 19, 2013 · 10:00 PM

GLOBAL Yellow Pages (GYP) is carving another slice of the food and beverage business for itself through a buyout of Australia's Gloria Jean's Coffees.

GYP will buy 100 per cent of Gloria Jean's Coffees from Tea & Coffee Traders Pty Ltd, which acts as a trustee for the Saleh Family Trust.

Nabi Saleh, executive chairman of Gloria Jean's Coffees, will continue to be closely associated with Gloria Jean's Coffees and will retain interests in the master franchisee business for Australia, the US and China, GYP said yesterday.

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