FORT WORTH, Texas, May  05, 2026  (GLOBE NEWSWIRE) -- Farmer Brothers Coffee Co. (NASDAQ:FARM), a leading roaster, wholesaler and distributor of coffee, tea and allied products, announced today the close of its

FARM

Farmer Brothers Announces Successful Closing of Take-private Transaction with Royal Cup

Farmer Brothers Acquired by Royal Cup, Executives Depart


Combined company unites nearly 250 years of industry expertise to create a leading nationwide route-based coffee, tea and beverage services platform


Royal Cup Coffee and Tea (&#34;Royal Cup&#34;), a leading manufacturer and

Royal Cup Completes Acquisition of Farmer Brothers Coffee Co.

<section class="insight" data-version="1">
 <section data-block="information">
 <h3>Information</h3>
 FORT WORTH, Texas, May 05, 2026 (GLOBE NEWSWIRE) -- Farmer Brothers Coffee Co. (NASDAQ:FARM), a leading roaster, wholesaler and distributor of coffee, tea and allied products, announced today the close of its
 </section>

 <section data-block="ai-summary-paragraph">
 <h3>AI Summary</h3>
 Farmer Brothers Coffee Co. has completed its acquisition by Royal Cup, approved on May 1, 2026. As a result, FARM shares will be privatized at $1.29 each, with significant leadership changes following the merger.
 </section>

 <section data-block="ai-summary-bullets">
 <h3>Key Points</h3>
 <ul><li>Farmer Brothers is now acquired by Royal Cup for $1.29 per share.</li><li>Acquisition approved in a special meeting on May 1, 2026.</li><li>Farmer Brothers will operate as a private entity post-acquisition.</li><li>Key executives including CEO will exit the company.</li><li>Royal Cup&#039;s leadership will guide the combined organization.</li></ul>
 </section>

 <section data-block="companies-mentioned">
 <h3>Companies Mentioned</h3>
 <ul><li>Royal Cup Coffee &amp; Tea (N/A): Royal Cup will integrate Farmer Brothers&#039; operations into its portfolio.</li></ul>
 </section>

 <section data-block="category">
 <h3>Corporate Developments</h3>
 The acquisition falls under Corporate Developments as it reshapes Farmer Brothers’ business model and structure, impacting its operational strategy and market presence significantly.
 </section>

 <section data-block="market-moving">
 <h3>Market-Moving</h3>
 <ul><li>Farmer Brothers&#039; stock will stop trading post-acquisition.</li><li>Key executives exiting may indicate strategic shifts.</li><li>Royal Cup&#039;s leadership may drive operational changes.</li><li>Shareholder approval confirms the deal&#039;s completion.</li></ul>
 </section>

 <section data-block="key-facts">
 <h3>Key Facts</h3>
 <ul><li>Royal Cup acquired Farmer Brothers for $1.29 per share.</li><li>Acquisition finalized on May 5, 2026.</li><li>Stockholders approved the deal in a meeting on May 1.</li><li>Farmer Brothers will become a private company.</li></ul>
 </section>

 <section data-block="trading-thesis">
 <h3>Trading Thesis</h3>
 Expect FARM stock to cease trading, suggesting exit from position for existing investors.
 </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link>FORT WORTH, Texas, May 05, 2026 (GLOBE NEWSWIRE) -- Farmer Brothers Coffee Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/FARM">FARM</a>), a leading roaster, wholesaler and distributor of coffee, tea and allied products, announced today the close of its previously announced acquisition by Royal Cup. The transaction was approved by stockholders in a special meeting held on Friday, May 1. Under the terms of the agreement, Royal Cup has acquired all outstanding shares of Farmer Brothers for $1.29 per share. Farmer Brothers will now operate as part of Royal Cup and become a private company. As part of the closing of the transaction, Farmer Brothers President and Chief Executive Officer John Moore, Chief Financial Officer Vance Fisher and Vice President and General Counsel Jared Vitemb will be exiting the company. The combined entity will be led by Royal Cup President and Chief Executive Officer Chip Wann. "It has been an honor to lead the Farmer Brothers team over the last several years and I am extremely proud of all we were able to accomplish," said Moore. "I look forward to seeing all the combined organization will achieve in the future." About Farmer Brothers Founded in 1912, Farmer Brothers Coffee Co. is a national coffee roaster, wholesaler, equipment servicer and distributor of coffee, tea and culinary products. The company's product lines include organic, Direct Trade and sustainably produced coffee, as well as tea, cappuccino mixes, spices and baking/biscuit mixes. Farmer Brothers Coffee Co. delivers extensive beverage planning services and culinary products to a wide variety of U.S.-based customers, ranging from small independent restaurants and foodservice operators to large institutional buyers, such as restaurant, department and convenience store chains, hotels, casinos, healthcare facilities and gourmet coffee houses, as well as grocery chains with private brand coffee and consumer branded coffee and tea products and foodservice distributors. The company's primary brands include <a href="https://www.globenewswire.com/Tracker?data=nF7mNdWfuTdWML_RvmtKW9ulzhmQczIgN2pt3XLwUqycurqFVnWuEQ_fFhCSHI9CZjP-gzKF9PH_iDdV6_6JEwORC5dRvrrN6x_wI4yCiTQ=" rel="nofollow" target="_blank">Farmer Brothers</a>, <a href="https://www.globenewswire.com/Tracker?data=hLoZ3BJ0TQusn_vEbbb_CklW8bX_YWbkmiPereD4QVvQrnoHAzM-frZR6GtDS6MbQWyMkAtn-IW0y1326TEUO2LQqww72Mc7-iNjJnzj-Po=" rel="nofollow" target="_blank">Boyd's Coffee</a>, <a href="https://www.globenewswire.com/Tracker?data=WDZJ3smqVJ_yk1f5pxHkzmo6_VHul-3ijlFCdraILseqxbd0q943sAqUnS07oMu9tcq6UKvyrciStkhnkHIScCCndEmnSLmZddXQnOTY6Pg=" rel="nofollow" target="_blank">SUM&gt;ONE Coffee Roasters</a>, <a href="https://www.globenewswire.com/Tracker?data=7EJLtKqM4aPx2xtiCrh3zTmJLfZ2xQD4_boG34Pr6X4fDRBSFfqwwdmP6Bw62vw3jhkcl4yBZb7QjiK7Hv0wfcq0-A-ThIFW-lhJOp5qX4M=" rel="nofollow" target="_blank">West Coast Coffee</a>, <a href="https://www.globenewswire.com/Tracker?data=CcEhE19bYzOeQK0n1mMAnU4IOCR7CJCPpdyjMGAsB_g053HP2_ALzJZZwW7RfVFk9YOEcJQFp0sLyuD30RF_6PDHlKQt1H3ASsc0TJYWg4eGPNyXSFW2Ds2rIm8nTC6k" rel="nofollow" target="_blank">Cain's</a> and <a href="https://www.globenewswire.com/Tracker?data=vo6m24UfhCqVE-uNbtJ_HaRo-UT7Ie9oohxeTRfO9GTcpAzv3dIrb9G35UB6h2cGSgnM6rORaQAWrUInF_NwHw==" rel="nofollow" target="_blank">China Mist</a>. You can learn more at <a href="https://www.globenewswire.com/Tracker?data=F1k-iUkTXy0hqnXp-oOUzRS4VR1x0-MK7enNJ-upeB7RfpIG1dQtiMizNvqzrgRGRqFygVPc536TLF2PztZ9naJ6N7ktgvPy0NeY3lXJIyI=" rel="nofollow" target="_blank">farmerbros.com</a>. About Royal Cup Coffee &amp; Tea                                           Royal Cup Coffee &amp; Tea manufactures and distributes high-quality coffee and tea in a variety of flavors and formats. Since 1896, Royal Cup's reach extends throughout the United States, Mexico and the Caribbean, serving customers in the food service, hospitality, office and specialty coffee markets. Built on strong history and family tradition, Royal Cup's values are the heart of their work. Read more at <a href="https://www.globenewswire.com/Tracker?data=aANwjSh1tCTl-DNvpWJ4itJhsOXPZYDvP7eanuhdqBa7kilPDaWNMyxjVGXWLplv-mClKZUaguJOoIVhEdXdeltllOVsKSTSlz_IY62B-cNmWCB6rx1i_yfY6g2VQ1B0w3ySONVSUbR3lzDVjgbdqYOhY1AflpIuaxW4NwRlFSJq7phRV-XCLjhBsYXH2iPV64-W-LXNhBerYENEu6d-87BBhY_yXNn6uq7LKUIy-sabX05olASeB9qXTPh9PRHqybbfCZygCfzM3nIkHceAOy3PsWF7qMvn-0uaG8Km50pTsK6Fx8ieWWTonAgN70aj51jnSQFrORhOoOH1wlT5TC6LtwEGbSSDec6fV5V1P82OkK-3BesnD_akYAFy7F5-8rl_lA_m-yOe1yFeoGS1W5cih77-CrslHvBu0QCkinZ1KUBFAMynXJb3aQqDmRBxn0JKB0UzdwC0UI9d3MivBA==" rel="nofollow" target="_blank">royalcupcoffee.com</a>. Cautionary Statement Regarding Forward Looking Statements Certain statements in this communication that are not historical facts, including, without limitation, statements relating to the transaction, including the ability to complete, the timing of completion of, and the results of, the transactions contemplated by the merger agreement, including the parties' ability to satisfy the conditions set forth in the merger agreement and the assumptions upon which those statements are based, are "forward-looking statements." These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "expects," "intends," "future," "may," "will," "should," "could," or similar expressions. Such statements are based upon the current beliefs and expectations of management of the company. These statements are subject to risks, uncertainties, changes in circumstances, assumptions and other important factors, many of which are outside management's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Actual results may differ materially from current expectations because of numerous risks and uncertainties including, among others: (1) the risk that the proposed transaction may not be completed in a timely manner or at all; (2) the risk of legal proceedings that may be instituted against the company related to the merger agreement, which may result in significant costs of defense, indemnification and liability; (3) the possibility that competing acquisition proposals for the company will be made; (4) the possibility that any or all of the various conditions to the consummation of the transaction may not be satisfied or waived; (5) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement, including in circumstances requiring the company to pay a termination fee; (6) the effects of disruption from the transactions on the company's business and the fact that the announcement and pendency of the transactions may make it more difficult to establish or maintain relationships with employees and business partners; (7) the company's sales; (8) changes in operating costs, such as production, transportation and labor; (9) the company's ability to leverage its existing management and infrastructure; (10) changes in general and administrative expenses, capital expenditures, effective tax rate, impairment and other costs; (11) general economic conditions and (12) conditions beyond the company's control such as timing of government policies, natural disasters, acts of war or terrorism. The foregoing factors should be read in conjunction with the risks and cautionary statements discussed or identified in the company's public filings with the SEC from time to time, including the company's most recent annual report on Form 10-K for the year ended June 30, 2025, quarterly reports on Form 10-Q and current reports on Form 8-K. The company's stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company undertakes no obligation to update any forward-looking statements, except as required by law. Farmer Brothers Investor and Media Contact Brandi Wessel Director of Communications 405-885-5176 <a href="https://www.globenewswire.com/Tracker?data=pvyNh9vRVEVMS9ldZaCPSX5cY62VqvhAeHaJbi2izQNKVRO90AXKvPlAtuPjrbhjCvNUAlS99BR_-AzUVtiXr-GtulsHILFpDPWZg9qYaow=" rel="nofollow" target="_blank">bwessel@farmerbros.com</a>         <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcxMzM0NSM3NTgzOTc2IzIwMDY2MTc="></img> <img alt="" src="https://ml.globenewswire.com/media/ZDMyMGE5OTctYTZhNS00ZWY3LWFmYjgtOGNlZGVmNTNmNzFmLTEwMTgxOTAtMjAyNi0wNS0wNS1lbg==/tiny/Farmer-Bros-Co-.png" referrerpolicy="no-referrer-when-downgrade"></img><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/30867831-e714-444d-b90d-7ab1886a648f"><img src="https://ml.globenewswire.com/media/30867831-e714-444d-b90d-7ab1886a648f/small/farm-transparent-png.png" border="0" width="150" height="34" alt="Primary Logo"></img></a>

Farmer Brothers Coffee Co. has completed its acquisition by Royal Cup, approved on May 1, 2026. As a result, FARM shares will be privatized at $1.29 each, with significant leadership changes following the merger.

Farmer Brothers Announces Successful Closing of Take-private Transaction with Royal Cup

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News