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Youngevity acquires FreeLife & L’dara through acquisition of Sorvana Intl.
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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.
Urban Expositions announces acquisition of Coffee Fest Events
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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.
De’Longhi Group finalizes 40% acquisition of Swiss manufacturer Eversys
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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 ...
Jabobs Douwe Egberts completes the acquisition of Super Group Ltd.
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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.
Italy’s Lavazza buys 80% stake in Canadian-based Kicking Horse Coffee
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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.
Autogrill: strong revenue growth (+5.1 percent) as of 30 April 2017
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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.
Award-winning actor Hill Harper buys Detroit Roasting Plant Coffee
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DETROIT, U.S. – Award-winning actor, author and entrepreneur Hill Harper, whose acting credits include CBS’ CSI: NY and Showtime’s HOMELAND among numerous other notable television and film roles, has taken over as owner of Downtown Detroit’s Roasting Plant® Coffee. Harper, an honors graduate of both Brown University and Harvard University ...
Grand Havana Coffee Company acquires Cafesa Coffee, adds 53 locations
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MIAMI, FL, U.S. – Grand Havana Coffee Company is pleased to announce that it has acquired Cafesa Coffee Company, a specialty coffee company based in Miami, Florida. Cafesa is a family owned private company that has been in the coffee wholesale business since 2001.
JAB Holdings: Is Panera Bread’s buyer building a Starbucks challenger?
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SAINT LOUIS, U.S. –Panera Bread has become the latest brand to be purchased by JAB Holdings, a privately held company that has quietly bought up an impressive line of businesses in or adjacent to the coffee space. In addition to agreeing to pay $7 billion for Panera, which has over 2,000 locations and about $5 billion in annual sales ...
JAB Holding Company is buying Panera Breads: Is it a win-win deal?
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SAINT LOUIS, Missouri, U.S. – JAB Holdings is buying fast casual restaurant chain Panera Breads for a 20.3% premium to Panera’s share price on Mar 31, after which the news became public. JAB, owned by the billionaire Reimann family of Germany, has been growing its investments in the casual dining space, with a particular focus ...
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