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acquisition

Companies

JAB Holding Company completes acquisition of Panera Bread Company

Desk3 -
ST. LOUIS, MO, U.S. – Panera Bread Company ("Panera" or the "Company") and JAB has announced the successful completion of the acquisition of Panera by an investment vehicle of JAB Consumer Fund and JAB Holding Company. The acquisition was announced on April 5, 2017, and the transaction closed and became effective today.
Companies

Youngevity completes acquisition of wellness company Sorvana

Desk3 -
SAN DIEGO, CA – Youngevity International, Inc., a leading omni-direct lifestyle company, announces it has closed the acquisition of the assets of Sorvana International. Youngevity originally announced entering into a definitive agreement with Sorvana on June 19 of this year.
Companies

MZB Group has acquired 100% of the Australian distributor Tru Blue

Desk3 -
TREVISO, Italy – Massimo Zanetti Beverage Group, through its subsidiary company Segafredo Zanetti Australia, has acquired 100% of Tru Blue, the former coffee division of Boutique Beverage Pty Ltd, specialized in distribution and marketing, that was already customer of the Group.
Companies

The Abraaj Group to acquire Kenya’s Java House chain from ECP

Desk3 -
NAIROBI, Kenya – The Dubai growth market investment company, Abraaj Group has announced that it’s buying 100% of Java House Group from private equity firm Emerging Capital Partners (ECP), and the Company’s founder and chairman, Kevin Ashley. Founded in Dubai in 2002 by Arif Naqvi, the investment group has grown to have ...
Companies

Youngevity acquires FreeLife & L’dara through acquisition of Sorvana Intl.

Desk3 -
SAN DIEGO, CA, U.S. – Youngevity International, Inc. yesterday announced it has entered into a definitive agreement for the acquisition of the assets of Sorvana International. Sorvana International was formed in November of 2016 through the unification of two natural Wellness companies, FreeLife and L'dara.
Events

Urban Expositions announces acquisition of Coffee Fest Events

Desk3 -
KENNESAW, GA, U.S. – Urban Expositions (a Clarion Events company) is pleased to announce its acquisition of the U.S. Coffee Fest event portfolio from Lifestyle Events, Inc., which includes the 2017 Coffee Fest Chicago and Portland events, along with the 2018 Baltimore and Denver shows.
Coffee Machines

De’Longhi Group finalizes 40% acquisition of Swiss manufacturer Eversys

Desk3 -
TREVISO, Italy – De’Longhi Group has finalized the agreements for the acquisition of 40% of Swiss Group Eversys, active in the professional coffee maker industry, with a focus on the fully automatic models. The structure and objective of the transaction, as communicated in the press release of April 12, 2017, are confirmed, in particular ...
Companies

Jabobs Douwe Egberts completes the acquisition of Super Group Ltd.

Desk3 -
SINGAPORE – Jacobs Douwe Egberts (JDE) announced yesterday the completion of the Super Group Ltd acquisition and formally welcomes them to its world of coffee & tea.
Companies

Italy’s Lavazza buys 80% stake in Canadian-based Kicking Horse Coffee

Desk3 -
TURIN – The Lavazza Group today announced the purchase of a significant equity stake in Kicking Horse Coffee, Ltd. from the private-equity fund Swander Pace Capital, who had originally acquired the investment in 2012 in partnership with Jefferson Capital and United Natural Foods.
Companies

Autogrill: strong revenue growth (+5.1 percent) as of 30 April 2017

Desk3 -
MILAN – The Board of Directors of Autogrill S.p.A. today examined and approved the consolidated revenue performance, as of 30 April 2017. Autogrill posted robust growth in the first four months of 2017. Global revenue growth was driven by the strong +4.8% like-for-like performance across the board.
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