AMSTERDAM — JDE Peet’s is acquiring Caribou Coffee’s roasting operations in Minneapolis and has entered into a global license agreement with the company to manufacture and market Caribou consumer and foodservice coffee products. The transaction is valued at approximately $260 million, according to Caribou Coffee.

Under the licensing agreement, JDE Peet’s will supply coffee products for sale in Caribou’s coffeehouses and develop products to be sold at retail under the Caribou Coffee brand. Caribou Coffee has more than 800 coffeehouses in 11 countries.

“We are delighted with this partnership, which adds Caribou to our existing portfolio of premium brands which we distribute, including Peet’s, Stumptown, Intelligentsia and L’OR, to serve more coffee lovers in North America,” said Fabien Simon, chief executive officer of JDE Peet’s. “Caribou is an iconic brand with outstanding facilities and we will complement its strong brand equity with JDE Peet’s’ distribution and innovation capabilities to strengthen our presence and serve more coffee lovers in the largest coffee market in the world.”

The acquisition will allow Caribou Coffee to focus on developing its restaurant business, according to the company.

“This transaction validates the success of multiple business platforms our team has built over the last several years, and JDE Peet’s has the right resources, expertise and team to continue its growth trajectory,” said John Butcher, president and CEO of Caribou Coffee.