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Jde buys Brazilian firm Café Seleto

Brazil’s Administrative Council for Economic Defense gave Monday the green light for the purchase of the Brazilian coffee firm Café Seleto by Dutch-based JDE (Jacobs Douwe Egberts) the ...

Lavazza Group reports strong growth in revenue (+9.3%) and profits (+12.9%)

TURIN (Italy) — The Board of Directors of Lavazza has examined and approved the company’s draft financial statements and c...

Costa Coffee appoints Gapurna Permai as Master Franchisee in Malaysia

KUALA LUMPUR, Malaysia — Gapurna Permai Sdn Bhd (GPSB), a wholly-owned subsidiary of Oil Ehsan Sdn Bhd (OESB), has been ap...

Germany’s JAB Holding seeks new funds to expand its coffee empire

MILAN – JAB Holding Company, the investment company that runs the biggest pure-play coffee company in the world, plans fur...

Nestle’s full-year results show consistent mid single-digit growth for Nespresso

VEVEY, Switzerland – Nespresso reported consistent mid single-digit growth, with positive growth across all regions, accor...

Mercon becomes first trader to close a U.S. sustainability linked Credit Facility

MANAGUA, Nicaragua – Mercon announced that it closed a US$450 million Sustainability Linked Senior Secured Revolving Credi...

Ice Notices: Ice Futures releases 2020 Holiday Trading Calendar

NEW YORK, U.S. – The ICE Futures U.S. has released its holiday trading calendar for 2020. Trading hours1 for these contrac...

Nestlé announces multi-billion deal to market Starbucks products globally

SEATTLE, U.S. — Starbucks Corporation today announced it will form a global coffee alliance with Nestlé S.A. to accelerate...

China coffee startup Luckin Coffee completes series A financing round

China's coffee brands - Luckin Coffee announced on Wednesday that it has successfully completed a round of financing that included Singapore sovereign fund GIC. According to the company's press release, the funds raised in this round of finaning will be mainly used for product research and development.

Massimo Zanetti Beverage Group: Giorgio Boggero new Managing Director Southern Europe

VILLORBA (TV), Italy - Massimo Zanetti, Chairman and CEO of Massimo Zanetti Beverage Group S.p.A. (“MZBG” or “Company”) an...