Café: historic turn at the owner of L’Or, Senseo and Jacques Vabre

2023-11-25 14:15:11

Published on Nov. 25, 2023 at 3:05 p.m. Updated on Nov. 25, 2023 at 3:15 p.m.

It’s a job where you juggle billions. A job that requires mastering the coffee and beauty market, veterinary clinics and restaurant chains. The Reimann family has just chosen a new captain to manage their empire: Joachim Creus, 47 years old.

The Fleming will take over the management of JAB Holding, the investment vehicle of the owners of the perfumer Coty, the sandwich chain Pret A Manger and even JDE Peet’s, the world number two in coffee behind Nestlé, with brands like L’ Gold, Senseo or Jacques Vabre. The total represents approximately $50 billion in assets.

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