"This acquisition fits perfectly within our international expansion strategy, the objective of strengthening key markets, as well as the pursuit of having an even closer relationship with end consumers. Indeed, this
acquisition strengthens the Lavazza Group's position in the OCS and Vending segments, which offer considerable opportunities for growth and development,"
stated Antonio Baravalle, CEO of the Lavazza
Group.
About Lavazza Group
Established in 1895 in Turin, the Italian roaster has been owned by the Lavazza family for four generations. Among the world’s largest coffee companies, the Lavazza Group currently operates in more than 90 countries through subsidiaries and distributors, with 63% of
revenues coming from markets outside of Italy.
Lavazza employs a total of about 3,000 people generating a turnover of more than € 2.0 billion in 2017. Lavazza invented the concept of blending — or in other words the art of combining different types of coffee from
different geographical areas — in its early years introducing its consumers to flavor consistency as well as innovation, and these continue to be distinctive features of most of its products.
With over 25 years of experience Lavazza was also a pioneer in the production and sale of portioned coffee systems and products, being the first Italian company to offer capsule espresso systems. Lavazza operates in all business segments: at home, away-fromhome and office coffee service, always with a focus on innovation in consumption technologies and systems.
For more information please visit