AMSTERDAM Oct 19 D.E Master Blenders 1753
, the Douwe Egberts coffee business, said shareholder
Joh. A. Benckiser had increased its shareholding to 15.05
percent from 12.19 percent.
JAB, the investment vehicle for the Reimann family from
Germany, expressed interest in the coffee business in July when
it said it might increase its minority stake.
D.E Master Blenders was spun off by U.S. group Sara Lee, now
known as Hillshire Brands, in July.
The company, whose brands also include Senseo coffee pods
and machines as well as Pickwick tea, is the third-largest
player in the global coffee market after U.S.-based Kraft Foods
and Swiss market leader Nestle.
(Reporting by Roberta B. Cowan; Editing by Dan Lalor)