OREANDA-NEWS. August 05, 2015. SORAINEN advised Mondelez International on Lithuanian, Latvian, Estonian and Belarussian aspects of the combination of its global coffee business with D.E. Master Blenders 1753 to create JACOBS DOUWE EGBERTS, which will be the world's leading pure-play coffee company with annual revenues of more than EUR 5 billion.

"The combination of our coffee business with that of D.E Master Blenders 1753 creates a new global leader in the coffee category with a fantastic portfolio of technology platforms and global and local brands," said Irene Rosenfeld, Chairman and CEO of Mondel?z International. "The partnership will allow us to continue to participate in the growth of the coffee category, while enabling us to focus our resources on our core snacks categories of chocolate, biscuits, gum and candy."

The SORAINEN team in Lithuania, Latvia and Estonia was led by senior associates Mantas Petkeviius, Jurgita Venckut and partner Algirdas Pek?ys, while the SORAINEN team in Belarus was led by partner Maksim Salahub.