What company did William A. Buckley purchase in 2008 related to Coffee News?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
Coffee News system.
On October 21, 2008, William Buckley purchased 2703203 Manitoba, Inc. located in Winnipeg, Manitoba and 2703203 Manitoba, Inc. became our affiliate. This company holds all the rights and marks for Coffee News worldwide and holds all agreements with publishers of Coffee News in Canada and 6 other countries.
The shares of 2703203 Manitoba, Inc. are 100% owned by William A. Buckley. Coffee News USA, Inc. shares are 45% owned by William A. Buckley, 45% owned by Sue-Ann Buckley and 10% owned by John B. Buckley.The shares of Coffee News Printing, LLC are 51% owned by William A. Buckley and 49% owned by Garrett Guernsey, the Chief Financial Officer of Coffee News USA, Inc.
On January 1, 2015, Coffee News USA, Inc. entered into a marketing agreement with Darter Specialties, Inc. P.O. Box 188, Cheshire, CT 06410 to provide exclusive rights within the geographic boundaries of the United States, to produce, inventory, promote, sell and ship
Products using the Coffee News Marks, in exchange for a percentage of the sale proceeds to publishers.
Source: Item 2 — Business Experience (FDD page 9)
What This Means (2025 FDD)
According to the 2025 Coffee News FDD, in 2008, William A. Buckley purchased two companies related to Coffee News. First, on July 1, 2008, Coffee News purchased Coffee News Printing, LLC, a printing company that primarily prints Coffee News editions for publishers mainly in North America. Then, on October 21, 2008, William Buckley purchased 2703203 Manitoba, Inc.
2703203 Manitoba, Inc. became an affiliate of Coffee News and holds all the rights and marks for Coffee News worldwide, including agreements with publishers in Canada and six other countries. The FDD states that 100% of the shares of 2703203 Manitoba, Inc. are owned by William A. Buckley.
Coffee News Printing, LLC, located in Houlton and Bangor, Maine, initially provided printing services for Coffee News publishers in North America. However, the FDD notes that effective July 1, 2020, the printing and shipping services were terminated and outsourced to a local commercial printer in Bangor, Maine. Coffee News Printing, LLC retained the design and layout staff and all graphic arts services for Coffee News USA, Inc.
Coffee News Printing, LLC offers commercial printing services to Coffee News publishers, ensuring consistency in the Coffee News image. The shares of Coffee News Printing, LLC are 51% owned by William A. Buckley and 49% owned by Garrett Guernsey, the Chief Financial Officer of Coffee News USA, Inc.