August 27, 2014 4:35 PM ET

Food Products

Company Overview of Luigi Lavazza S.p.A.

Company Overview

Luigi Lavazza S.p.A. engages in producing, roasting, and packaging roast and ground coffee. It offers coffee capsules; decaffeinated coffee products for home, bar, cafe, and office consumption; and hot beverages and mixes for sorbets and cold creams. The company also operates a restaurant and bar; and manufactures wines. In addition, it offers espresso and cappuccino machines for offices, shops, businesses, small and large communities, and public areas with high footfalls; coffee recipes; and coffee cups. Further, the company operates a chain of coffee shops; provides products, accessories, advice, and services for hotels, restaurants, and cafeteria professionals; and offers training service...

Corso Novara, 59

Turin, TO 10154

Italy

Founded in 1895

Phone:

39 01 123981

Fax:

39 0112 39 83 24

Key Executives for Luigi Lavazza S.p.A.

Chief Executive Officer and Director
Age: 49
President and Director
Chief Executive Officer of Barista Coffee Company Ltd
Age: 42
Chief Executive Officer of Lavazza North American Operations
Honorary President
Compensation as of Fiscal Year 2014.

Luigi Lavazza S.p.A. Key Developments

Amtek Had No Plans To Buy Barista

Sources had told The Economic Times in July 2014 that Amtek Auto Ltd. (BSE:520077) was in talks with Luigi Lavazza S.p.A. to acquire Barista Coffee Company Limited. However, Gaurav Jain, Amtek's Director for mergers and acquisitions, had denied any such plan.

Barista Coffee And IHC's Talks Reportedly Ended

The talks between Barista Coffee Company Limited of Luigi Lavazza S.p.A. and India Hospitality Corp. (IHC) have ended without an agreement, dealing a blow to Luigi Lavazza S.p.A.'s efforts to find a buyer for the coffee chain, an official aware of the development said. "The exclusivity term of the due diligence (for India Hospitality Corp) has lapsed," the official said requesting not to be named. Lavazza has now constituted a new M&A team to drive the process of selling Barista that currently operates 180 stores across the country, the person said. We have no comments to offer," a Barista Lavazza spokesperson said in response to an Economic Times query. IHC chairman Ravi Deol said his company had no interest in Barista. "We don't believe in the business," Economic Times reported.

Keurig Canada Inc. in partnership with Luigi Lavazza S.p.A. Announce Launch of Keurig Rivo Espresso, Cappuccino and Latte System in Canada

Keurig Canada Inc. in partnership with Luigi Lavazza S.p.A., announce the launch of the Keurig(R) Rivo(TM) Espresso, Cappuccino and Latte system in Canada. The Keurig(R) Rivo(TM) system is a first time innovation for Keurig in the espresso-based beverages category in Canada. It combines quality, coffee-house espresso based beverages with the authenticity of Lavazza's years of espresso expertise, and the benefits of using fresh milk - all with the simplicity consumers expect from the Keurig(R) brand. With minimal clean-up, the Keurig(R) Rivo(TM) system brews authentic espresso in under a minute using fresh sealed packs giving coffee-lovers the possibility of creating a variety of delicious drinks - including hot or iced cappuccinos, lattes, mochas and more, simply and consistently. The Keurig(R) Rivo(TM) system is now available for purchase in participating retailers throughout Canada as well as at Keurig.ca at a suggested retail price of $229.99. Keurig(R) RivoTM system features: The combination of fresh milk and espresso-blend Keurig(R) Rivo(TM) packs, crafted by Lavazza exclusively for the Keurig(R) Rivo(TM) system, which is named to evoke the Italian world of revolutionary, offer users the breadth of choice to brew up to 32 authentic espresso-based beverage options at the touch of a button in under two minutes. To make true espresso, a brewing machine must be a high pressure system, forcing hot water through a finely ground blend of specially blended and roasted coffee. The Keurig(R) Rivo(TM) system brews rich Lavazza(R) Italian espresso with up to 15 bars of pressure and each Rivo(TM) pack contains approximately 7.5 grams of a unique blend of 100% Arabica beans, packed and freshly sealed to preserve optimum quality of taste.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 11, 2014
Barista Coffee Company Limited
Private Placement
March 28, 2014
Keurig Green Mountain, Inc.
 

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