Wednesday 24 April 2024
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IVS Group S.A. extends Nespresso distribution agreement

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GRAN DUCHY OF LUXEMBOURG – IVS Group S.A. (Milan: IVS.MI) informs that its subsidiary IVS Italia S.p.A. extended and renewed, until 31 December 2019, the exclusive distribution agreement with Nespresso Italiana S.p.A, concerning the Professional Line of Nespressotm coffee pods.

The agreement now includes the whole regions of Lombardy, Piedmont, Friuli Venezia Giulia, Puglia and some provinces of Emilia Romagna and Veneto, in addition to the regions Liguria, Sardinia, Campania, Trentino Alto Adige and some provinces of Lombardy, which were already served by IVS.

DVG De Vecchi

This agreement proves the soundness of the relationship between Nestlè and IVS groups, leaders in the respective industries for their operational excellence and innovation capacity.

IVS Group S.A. is the Italian leader and the third player in Europe in the business of automatic and semi-automatic vending machines for the supply of hot and cold drinks and snacks (vending).

La Cimbali

The business is mainly carried out in Italy (85% of sales), France, Spain and Switzerland, with around 155,300 vending machines, a network of 76 branches and around 2,400 employees.

IVS Group serves more than 15,000 corporate clients and public entities, with more than 700 million vends per year.

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