Farmer Brothers Coffee Announces Plan to Explore Strategic Alternatives
Farmer Brothers Coffee (NASDAQ: FARM), a national coffee roaster and distributor, has announced the initiation of a strategic alternatives review process to maximize shareholder value. The company has formed a strategy committee of independent directors and engaged North Point Mergers and Acquisitions as financial advisor and Winston & Strawn LLP as legal counsel.
Following the 2023 sale of its direct ship business, Farmer Brothers has focused on improving its financial and operational structure. The company's board has not set a timetable for the review process and will not disclose further developments until deemed necessary. Founded in 1912, Farmer Brothers serves various customers from small restaurants to large institutional buyers through its brands including Farmer Brothers, Boyd's Coffee, and China Mist.
[ "Strategic review process initiated to maximize shareholder value", "Progress made in operational and financial improvements since 2023", "Independent strategy committee formed with professional advisors engaged" ]Farmer Brothers Coffee (NASDAQ: FARM), un torrefattore e distributore di caffè a livello nazionale, ha annunciato l'avvio di un processo di revisione delle alternative strategiche per massimizzare il valore per gli azionisti. La società ha costituito un comitato strategico composto da amministratori indipendenti e ha incaricato North Point Mergers and Acquisitions come consulente finanziario e Winston & Strawn LLP come consulente legale.
Dopo la vendita nel 2023 del suo business di spedizioni dirette, Farmer Brothers si è concentrata sul miglioramento della propria struttura finanziaria e operativa. Il consiglio di amministrazione non ha fissato una tempistica per il processo di revisione e non divulgherà ulteriori sviluppi fino a quando non sarà ritenuto necessario. Fondata nel 1912, Farmer Brothers serve una vasta gamma di clienti, dai piccoli ristoranti ai grandi acquirenti istituzionali, attraverso i suoi marchi tra cui Farmer Brothers, Boyd's Coffee e China Mist.
Farmer Brothers Coffee (NASDAQ: FARM), un tostador y distribuidor nacional de café, ha anunciado el inicio de un proceso de revisión de alternativas estratégicas para maximizar el valor para los accionistas. La compañía ha formado un comité estratégico compuesto por directores independientes y ha contratado a North Point Mergers and Acquisitions como asesor financiero y a Winston & Strawn LLP como asesor legal.
Tras la venta en 2023 de su negocio de envíos directos, Farmer Brothers se ha centrado en mejorar su estructura financiera y operativa. La junta directiva no ha establecido un calendario para el proceso de revisión y no divulgará más avances hasta que lo considere necesario. Fundada en 1912, Farmer Brothers atiende a diversos clientes, desde pequeños restaurantes hasta grandes compradores institucionales, a través de sus marcas, incluyendo Farmer Brothers, Boyd's Coffee y China Mist.
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Farmer Brothers Coffee (NASDAQ : FARM), un torréfacteur et distributeur national de café, a annoncé le lancement d'un processus d'examen des alternatives stratégiques afin de maximiser la valeur pour les actionnaires. La société a constitué un comité stratégique composé d'administrateurs indépendants et a engagé North Point Mergers and Acquisitions en tant que conseiller financier ainsi que Winston & Strawn LLP comme conseiller juridique.
Suite à la vente de son activité de livraison directe en 2023, Farmer Brothers s'est concentrée sur l'amélioration de sa structure financière et opérationnelle. Le conseil d'administration n'a pas fixé de calendrier pour ce processus d'examen et ne communiquera pas d'autres développements tant que cela ne sera pas jugé nécessaire. Fondée en 1912, Farmer Brothers sert une clientèle variée, allant des petits restaurants aux grands acheteurs institutionnels, à travers ses marques telles que Farmer Brothers, Boyd's Coffee et China Mist.
Farmer Brothers Coffee (NASDAQ: FARM), ein nationaler Kaffee-Röster und -Vertreiber, hat den Beginn eines strategischen Überprüfungsprozesses angekündigt, um den Aktionärswert zu maximieren. Das Unternehmen hat einen Strategieausschuss aus unabhängigen Direktoren gebildet und North Point Mergers and Acquisitions als Finanzberater sowie Winston & Strawn LLP als Rechtsberater engagiert.
Nach dem Verkauf seines Direktversandgeschäfts im Jahr 2023 konzentriert sich Farmer Brothers auf die Verbesserung seiner finanziellen und operativen Struktur. Der Vorstand hat keinen Zeitplan für den Überprüfungsprozess festgelegt und wird keine weiteren Entwicklungen bekannt geben, bis dies als notwendig erachtet wird. Gegründet im Jahr 1912, bedient Farmer Brothers verschiedene Kunden von kleinen Restaurants bis hin zu großen institutionellen Käufern über seine Marken Farmer Brothers, Boyd's Coffee und China Mist.
- None.
- No guarantee the strategic review will result in any transaction
- Uncertain timeline for the review process completion
- Company facing circumstances requiring strategic alternatives evaluation
Insights
Farmer Brothers initiating strategic alternatives review signals potential sale or restructuring, marking significant shift after recent operational improvements.
Farmer Brothers' announcement to explore strategic alternatives represents a pivotal development in the company's trajectory following its operational transformation over the past two years. Since divesting its direct ship business in 2023, the company has apparently made sufficient progress in restructuring its operations to reach an inflection point where management believes external strategic options could unlock greater value than the current standalone path.
The formation of a dedicated strategy committee composed of independent directors signals serious consideration of transformative transactions. The engagement of North Point Mergers and Acquisitions as financial advisor is particularly telling � this typically indicates openness to potential sale scenarios, mergers, significant partnerships, or major restructuring options. The involvement of Winston & Strawn as legal counsel further reinforces the formal nature of this exploration.
This strategic review follows a common corporate pattern: first restructure and improve operations, then explore strategic alternatives from a position of enhanced strength. Chairman David Pace's statement that
For investors, such announcements typically create share price volatility due to speculation about potential outcomes. The deliberately open-ended nature of the announcement � with no timetable and the standard caveat that no transaction may result � indicates the process is in early stages. The company's diverse business lines spanning coffee roasting, distribution, and equipment services to various customers from small restaurants to large institutional buyers could attract interest from both strategic acquirers seeking vertical integration and private equity firms looking for operational improvement opportunities.
Forms Strategy Committee to Lead Evaluation of Options for Maximizing Shareholder Value
Engages Independent Financial and Legal Advisors to Support Process
FORT WORTH, Texas, July 21, 2025 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM), a leading roaster, wholesaler and distributor of coffee, tea and allied products, today announced it has initiated a process to evaluate strategic alternatives aimed at maximizing shareholder value.
Over the last two years, Farmer Brothers has made significant progress in transforming its operations and improving its business performance.
“Since the 2023 sale of our direct ship business, we have been focused on improving our financial and operational structure and are pleased with the progress we have made. We believe now is the right time to explore additional options that could allow us to more effectively maximize shareholder value,� said Farmer Brothers Chairman of the Board David Pace.
As part of this process, the company’s board formed a strategy committee, consisting of independent and disinterested directors, to evaluate a broad range of potential strategic alternatives to maximize value for shareholders and make recommendations to the full board. Farmer Brothers has engaged North Point Mergers and Acquisitions, Inc. as its financial advisor and Winston & Strawn LLP as its legal counsel to work with the board, company and strategy committee as Farmer Brothers evaluates potential opportunities.
The board has not set a timetable for this review process, and there can be no assurance the company’s strategic review process will result in any transaction or other strategic outcome. The company does not intend to disclose further developments on this strategic review process until it determines such a disclosure is appropriate or necessary.
About Farmer Brothers
Founded in 1912, Farmer Brothers Coffee Co. is a national coffee roaster, wholesaler, equipment servicer and distributor of coffee, tea and culinary products. The company’s product lines include organic, Direct Trade and sustainably produced coffee, as well as tea, cappuccino mixes, spices and baking/biscuit mixes.
Farmer Brothers Coffee Co. delivers extensive beverage planning services and culinary products to a wide variety of U.S.-based customers, ranging from small independent restaurants and foodservice operators to large institutional buyers, such as restaurant, department and convenience store chains, hotels, casinos, healthcare facilities and gourmet coffee houses, as well as grocery chains with private brand coffee and consumer branded coffee and tea products and foodservice distributors. The company’s primary brands include , , , , and . You can learn more at .
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the company’s business strategy, developments and outcomes of the strategic alternatives review process. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the company’s control and could materially affect actual results, performance or achievements. These factors include, without limitation, the ability to execute on its strategic alternatives review process and the timing and future prospects thereof and other risks, uncertainties and assumptions set forth in Part I, Item 1A of our Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC�) on September 12, 2024, as amended by the Form 10-K/A filed with the SEC on October 25, 2024. Any forward-looking statement made in this press release speaks only as of the date on which it is made. We expressly disclaim any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise, except as required under federal securities laws and the rules and regulations of the SEC.
Investor and media contact
Brandi Wessel
Director of Communications
405-885-5176
