By Micah Maidenberg 
 

Nestle SA will begin selling Starbucks Corp.-branded dairy creamers to retailers, expanding on a deal the companies struck last year.

The Seattle-based coffee chain in May 2018 sold the rights to offer its coffee and teas in supermarkets and other retail stores to Nestle for more $7 billion, allowing it to focus on its stores around the world.

Now, the companies have created a new line of coffee creamers, available in caramel, white chocolate, and a cinnamon flavor.

Nestle and Starbucks expect the refrigerated creamer category in the U.S. to surpass $7.8 billion by 2023.

Starbucks hadn't previously developed a refrigerated coffee creamer under its brand, the companies said.

 

Write to Micah Maidenberg at micah.maidenberg@wsj.com

 

(END) Dow Jones Newswires

July 22, 2019 08:46 ET (12:46 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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