Company renews long-term partnership with Mother Parkers Tea & Coffee.
VALLEYFIELD, QC, Feb. 6, 2015 /CNW Telbec/ - QUSAC Decaf announced today that it has concluded a deal with Mother Parkers Tea & Coffee Inc. to acquire their shares of the decaffeination company for an undisclosed amount. Under the terms of the deal, Mother Parkers Tea & Coffee has entered into a long-term supply agreement with QUSAC Decaf for decaffeination services.
"We are delighted to begin this new chapter for our company, said Brent Fleming, President and CEO of QUSAC Decaf. "Mother Parkers is a great partner in business and we look forward to our continued relationship as one of their key suppliers. This is an exciting time for our company as this deal will open the door to new, untapped opportunities."
About QUSAC Decaf:
Since 1997 QUSAC has been manufacturing high quality decaffeinated coffee for the North American coffee industry. QUSAC is one of only three companies in the world that manufactures both decaffeinated coffee and Natural USP caffeine. The company serves industries in the food, beverage, pharmaceutical and nutraceutical markets. In 2005, Mother Parkers Tea & Coffee purchased an interest in QUSAC. A decade later QUSAC is now 100% owned and operated by the Fleming & Grace families. For more information about the QUSAC, visit www.qusac.com
SOURCE QUSAC Decaf Inc
For further information: Brent Fleming, 514-677-8514