Sunday 04 December 2022

illycaffè Group considering listing, says FT

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Italian coffee group illycaffè has appointed Roland Berger to look at strategic options including the possibility of a stock market listing, reports the Financial Times quoting people with direct knowledge of the matter.

The move by family-owned Illycaffè comes amid a period of consolidation in the €70 billion coffee industry, which industry insiders say is comparable to the beer industry tie-ups of the past decade, writes the British Daily.

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