A New York Times story this week looks at the efforts by a German consumer-goods conglomerate to confront the Nazi ties of its founding family.
That story has a Portland connection, because the corporation at its center, JAB Holding Company, bought a controlling stake in Stumptown Coffee in 2015.
Stumptown founder Duane Sorenson sold the Portland coffee roaster to the San Francisco-based investment firm TSG Consumer Partners in 2011, as WW first reported. TSG in turn sold its majority stake in Stumptown to Peet’s Coffee in 2015. Peet’s was already owned by JAB Holding Company, which has been buying coffee brands across the globe.