Search Results for: MaxiCoffee
Lavazza Makes Another Move: Plans Full Acquisition of French E-commerce MaxiCoffee to Accelerate Global and Online Market Expansion
Italian century-old coffee brand Lavazza recently made a wholly-owned acquisition offer to French online coffee retailer MaxiCoffee, aiming to strengthen its market position in France and in the e-commerce sector. As France's number one online sales platform for coffee beans and equipment, MaxiCoffee carries more than 350 brands, over 8,000 products and 60 offline sales points. This acquisition is a continuation of Lavazza's international expansion strategy, after the group had previously brought brands such as Carte Noire and Kicking Horse Coffee into its fold. After the acquisition is completed, MaxiCoffee will remain independently operated, with its capital jointly held by the founder, private equity groups and others. This article will sort out the details of the transaction, the backgrounds of both parties and Lavazza's global acquisition map, and also look at its development goals in the Chinese market. [more…]