Reily Foods plans to buy French Market coffee business

NEW ORLEANS Reily Foods Company yesterday announced that it has made an agreement with French Market Coffee to purchase the business.

Reily Foods, the maker and distributor of such grocery store staples as Blue Plate mayonnaise, CDM coffee and Luzianne teas, has not reported the sum of its buyout offer for the iconic New Orleans French Market Coffee brand. Reily Foods said that it expects its purchase to expand the French Market brand into numerous new markets.

Before it is complete, the acquisition must be voted on by shareholder. However, the transaction is expected to be finished by the end of the year, published reports said.

Both American Coffee, the company that started the French Market Coffee tradition, and Reily Foods, are family-owned companies that are more than 100 years old.