January 4, 2024Another specialty coffee acquisition: How De'Longhi will capitalise on La Marzocco's branding
The trend of acquisitions in specialty coffee continues. The day following Chobani’s recent US $900 million acquisition of La Colombe on 21 December 2023, Italian company De’Longhi SpA agreed to spend US $374 million to purchase a 41.2% stake in the iconic espresso equipment brand La Marzocco. De’Longhi SpA will acquire the stake from parent company De’Longhi Industrial, as well as from other minority shareholders. Together with La Marzocco and… read more
The trend of acquisitions in specialty coffee continues. The day following Chobani’s recent US $900 million acquisition of La Colombe on 21 December 2023, Italian company De’Longhi SpA agreed to spend US $374 million to purchase a 41.2% stake in… read more