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Italy’s Lavazza buys 80% stake in Canadian-based Kicking Horse Coffee

TURIN – The Lavazza Group today announced the purchase of a significant equity stake in Kicking Horse Coffee, Ltd. from the private-equity fund Swander Pace Capital, who had originally acquired the investment in 2012 in partnership with Jefferson Capital and United Natural Foods.

Autogrill: strong revenue growth (+5.1 percent) as of 30 April 2017

MILAN – The Board of Directors of Autogrill S.p.A. today examined and approved the consolidated revenue performance, as of 30 April 2017. Autogrill posted robust growth in the first four months of 2017. Global revenue growth was driven by the strong +4.8% like-for-like performance across the board.

Award-winning actor Hill Harper buys Detroit Roasting Plant Coffee

DETROIT, U.S. – Award-winning actor, author and entrepreneur Hill Harper, whose acting credits include CBS’ CSI: NY and Showtime’s HOMELAND among numerous other notable television and film roles, has taken over as owner of Downtown Detroit’s Roasting Plant® Coffee. Harper, an honors graduate of both Brown University and Harvard University ...

Grand Havana Coffee Company acquires Cafesa Coffee, adds 53 locations

MIAMI, FL, U.S. – Grand Havana Coffee Company is pleased to announce that it has acquired Cafesa Coffee Company, a specialty coffee company based in Miami, Florida. Cafesa is a family owned private company that has been in the coffee wholesale business since 2001.

JAB Holdings: Is Panera Bread’s buyer building a Starbucks challenger?

SAINT LOUIS, U.S. –Panera Bread has become the latest brand to be purchased by JAB Holdings, a privately held company that has quietly bought up an impressive line of businesses in or adjacent to the coffee space. In addition to agreeing to pay $7 billion for Panera, which has over 2,000 locations and about $5 billion in annual sales ...

JAB Holding Company is buying Panera Breads: Is it a win-win deal?

SAINT LOUIS, Missouri, U.S. – JAB Holdings is buying fast casual restaurant chain Panera Breads for a 20.3% premium to Panera’s share price on Mar 31, after which the news became public. JAB, owned by the billionaire Reimann family of Germany, has been growing its investments in the casual dining space, with a particular focus ...

New Age Beverages acquires assets of the Marley Beverage Company

DENVER, CO, U.S. – New Age Beverages Corporation, the Colorado-based Company that markets the brands XingTea, XingEnergy, Aspen Pure PH and Aspen Pure Probiotic Water, Búcha Live Kombucha, Marley One Drop Coffee, and Marley Mellow Mood Relaxation Drinks, has announced the signing of a definitive agreement to acquire ...

Strauss Group regaining full ownership (100 percent) of Strauss Coffee

PETACH TIKVA, Israel – Strauss Group Ltd. announced today (March 28, 2017) that its subsidiary (74.9%) Strauss Coffee B.V. has acquired the entire holding (25.1%) of Robusta Coöperatif, held by TPG Capital, in Strauss Coffee, resulting in Strauss Group regaining full ownership (100%) of Strauss Coffee.

Ferrero International to acquire U.S. company Fannie May Confections

LUXEMBOURG — Ferrero International has entered into an agreement to acquire Fannie May Confections from 1-800-Flowers.com, Inc., Carle Place, N.Y. The company has one manufacturing plant, two distribution centers and employs 750. Once the transaction is complete, Ferrero said Fannie May will operate as a standalone entity and brand ...

Selecta to Acquire Pelican Rouge to create pan-European vending champion

CHAM, Switzerland & DORDRECHT, Netherlands - Selecta Group B.V. (“Selecta”), a leading European vending and coffee services provider, and Pelican Rouge Group B.V. (“Pelican Rouge”), a long established coffee services and vending company, today announced that they have signed an agreement to combine their operating businesses.

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