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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 ...

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...

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...

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...

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...

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...

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...

Jab and Nestlé were interested in buying Italian coffee roaster illycaffè

MILAN — Family-owned Italian specialty coffee roaster illycaffè has received proposals from suitors including JAB Holding ...

Jab Holding plans to list its coffee and restaurant businesses, says chairman

MILAN – Family owned JAB Holding Co. is considering two initial public offerings of its coffee and restaurant businesses, ...

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.