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...
SHANGHAI, China – HOTELEX has over 31 years history and experience of organizing exhibition in HoReCa industry. As one of the world's largest hospitality...
UPPER SADDLE RIVER, N.J., USA – De’Longhi, a global leader in the espresso category, presents the Magnifica Start Fully Automatic Espresso Machine LatteCrema™ System...
VEVEY, Switzerland – Marco Settembri, Executive Vice President and Chief Executive Officer Zone Europe, will take a well-deserved retirement after a distinguished career of...
IRVING, Texas, USA – 7-Eleven, Inc. has released its 2023 Impact Report, a snapshot summarizing the company’s work to build thriving communities, protect the...
CHICAGO, USA – Mondelēz International, Inc. has recently released its 2023 Snacking Made Right report, showcasing the company’s meaningful annual progress against our Environmental,...
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....
COPENHAGEN, Denmark – Large fluctuations in the world market prices are a major additional psychological burden for the farmers who grow the coffee. This...
OMAHA, USA – Scooter’s Coffee, one of the nation’s fastest growing drive-thru coffee franchise companies, was ranked first among coffee companies—nearly 30 spots ahead...