MILAN — Lavazza is strengthening its presence 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...
HELSINKI, Finland - Meira Oy, part of Massimo Zanetti Beverage Group, announces that all of its coffee products roasted and packed in Helsinki, Finland...
BOLOGNA, Italy - Tonino Lamborghini announces the beginning of two new partnerships with two prestigious companies in the industry: Rancilio Group and Fiorenzato. Rancilio...
NEW YORK, USA – Nespresso announced that residents of Jersey City, New Jersey in low-rise residential buildings can recycle their aluminum coffee capsules through...
SAN FRANCISCO, CA, USA – GaeaStar, the San Francisco and Berlin-based technology company creating clay vessels to break our dependency on single-use plastic, is...
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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...
LOS ANGELES, USA – Gaviña Coffee Company, makers of Don Francisco's Coffee, José's Gourmet Coffee, Café La Llave, and a wide variety of other family-crafted coffees, is celebrating Earth...
LAUSANNE, Switzerland – Today, Nestlé S.A. held its 157th Annual General Meeting (AGM) at the SwissTech Convention Center in Lausanne. Shareholders approved all of...
CHICAGO, USA – WithMe, a leader in technology-enabled amenities for multifamily communities, has launched its innovative bean-to-cup coffee solution, SipWithMe, in the Pittsburgh market....