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Saturday 02 November 2024
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Australia: Schibello Caffè completes dual acquisition

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SYDNEY, New South Wales, Australia – One of NSW’s largest wholesale coffee roasters, Schibello Caffe has completed its dual acquisition to acquire the business and intellectual property assets of Cleanskin Coffee Co & Artecaffe Coffee Roasters. The acquisition provides Schibello Caffé with:

• Acquiring Australian & international intellectual property owner of represented brands
• 50 per cent increase in roasting throughput;
• A stronger presence in the commercial coffee sales channel in addition to an established foothold in the Brisbane & Sydney specialty markets;
• Key management transitioning to Schibello Coffee Roasters

Schibello’s CEO Ross Schinella noted that the transactions satisfied external due diligence investigations while simultaneously increasing supply-side scale and vertical integration opportunity.

“Cleanskin Coffee Co complements and extends the company’s existing market penetration by providing the Group with a specialist coffee brand to grow scale in the ever increasing Brisbane, Gold Coast & Northern NSW regions,” Schinella said.

“Artecaffe adds to the strength of the specialty market in NSW and both acquisitions allow Schibello to stay in a position ahead of our competitors in an ever-changing and dynamic industry.”

Cleanskin Coffee Co is a specialty coffee roasting company aiming to bring people an exceptional and informed coffee experience.

In a similar fashion, Artecaffe is setting its sights on becoming a brand known for premium artesian coffee with a high level of personal service to its customers.

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