CHS forms j.v. to enter drive-thru specialty coffee kiosks business
October 26, 2006
by Eric Schroeder
ST. PAUL, MINN. — CHS Inc. announced it has formed a joint venture with Mountain Mudd, L.L.C., which operates drive-thru specialty coffee kiosks in 22 states. Financial details were not disclosed.
As part of the agreement, CHS will partner with the present owners, Brenda and Dennis Burkhartsmeier, who will continue to manage and operate the business in Billings, Mont.
Mountain Mudd Espresso has more than 70 branded specialty coffee kiosks, the nation’s largest in its sector.
"We believe this is an excellent opportunity to enter this growing niche market," said Leon Westbrock, executive vice-president, Energy, for CHS. "Our involvement with Mountain Mudd kiosks provides a unique way for both convenience stores and other businesses to expand their retail offerings."