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BOSTON, Oct. 2, 2019 - Tully & Holland, Inc. is pleased to announce its role as exclusive financial advisor to Grupo Nutresa S.A. (BVC: NUTRESA) in its acquisition of CCDC OPCO Holding Corporation, owner of Cameron's Coffee and Distribution Company. Through this acquisition, Grupo Nutresa, the leading Colombian-based food processing conglomerate gains access to the large and dynamic US coffee market to complement its current portfolio and distribution network. Grupo Nutresa agreed to pay USD $113 million for Cameron's Coffee.

Minnesota-based Cameron's Coffee is a leading producer and distributor of both branded and private label specialty-coffee products, including premium roasted and ground coffee. Acquired in 2014 by private equity firm, Goldner Hawn, L.P., Cameron's has since doubled revenue and experienced exceptional growth supported by a strong management team. 

Cameron's Coffee aligns well with Grupo Nutresa's core business model which values strong innovative brands offering sustainable products to its consumers. Grupo Nutresa's CEO, Carlos Ignacio Gallego says" This acquisition is a new step in Grupo Nutresa's internationalization process and is aligned with our objective of improving the quality of life of consumers through conscious brands, affordable products and innovative, differentiated value propositions. Through Cameron's Coffee, Grupo Nutresa strengthens its international presence in a fast-growing and dynamic category, which offers multiple opportunities for sustainable long-term value creation through effective, differentiated innovation". 

About Grupo Nutresa
Grupo Nutresa is the leading food processing company in Colombia with sales exceeding USD $3.0 billion in 8 diverse business units, including Cold Cuts, Biscuits, Chocolates, Tresmontes Lucchetti - TMLUC, Coffee, Retail Food, Ice Cream and Pasta. Founded in 1920, Grupo Nutresa has a direct presence in 14 countries and international sales of more than USD $1.1 billion in 75 countries. Grupo Nutresa is recognized as one of the world's most sustainable companies by the Dow Jones Sustainability World Index (DJSI), where it has ranked for the 9th consecutive year. Currently, it ranks #1 in the Dow Jones Global Sustainability Index in the food sector. 

About Tully & Holland, Inc. 
Tully & Holland www.tullyandholland.com is a leading Boston, MA-based investment bank established in 1992. The firm provides corporate finance and mergers & acquisitions advisory services to consumer product companies. Tully & Holland has particular expertise representing food & beverage companies, multi-channel marketers, retailers, and consumer product manufacturers and distributors. 

Timothy W. Tully
(781) 239-2900 x14

Tully & Holland, Inc.
Investment Banking for Consumer Product Companies
Serving Food Companies, Direct Marketers, Retailers, Manufacturers & Distributors
(781) 239-2900