'Resilient' JDE Peet’s IPO covered fast after attracting big cornerstones

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'Resilient' JDE Peet’s IPO covered fast after attracting big cornerstones

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Samara, Russia - December 8, 2019: L'OR coffee ready for sale on the shelf in supermarket | Alexandr Blinov - stock.adobe.com

Investors have poured in orders on the first official day of book building for the Amsterdam IPO of coffee company JDE Peet’s. The company built early momentum with several big cornerstone orders and has continued to attract strong demand from investors because of the strength of its business despite the Covid-19 pandemic.

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