Tuesday 23 April 2024
  • Triesteexpresso
MILAN — Lavazza is strengthening its footprint in the vending sector by by acquiring a further stake in machine vendor IVS, for 185 million euros ($197 million), through its investment vehicle Grey, with an eye to eventually gain full control of the company. The Group already controls a 20.4% stake of IVS through its investment vehicle Torino 1895 Investimenti. The offer incorporate a 18.9% premium compared to the arithmetic weighted average of the official stock price during the last six months, reports...
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Triesteexpresso

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RTD iced-coffee demand driven by Millennials and Gen Z, says GlobalData

MILAN – Iced and speciality coffee drinks have emerged as a hot beverage trend, with interest and demand for iced coffee drinks primarily driven by Millennials and Generation Z....

Mayorga Coffee’s Eduardo Choza named #1 coffee roaster in the United States

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Fluctuating coffee prices are putting mental pressure on Vietnamese farmers, says new study

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