The company reports it sold around 7,000 tons of coffee in more than 90 countries worldwide during 2020. It is one of the oldest coffee roasters in Italy with roots dating back to 1882. The company offers a range of traditional espresso in various blends, packages, and formats including whole beans, roast and ground coffee, and single portioned pods. “By combining Coca-Cola HBC’s expertise, know-how and critical mass, with our heritage coffee brand, great products and deep knowledge of the industry, we are confident this will prove a powerful partnership in growing our business further,” added Franco and Carlo Vergnano, CEO and Chairman of the Board of Directors of Caffè Vergnano, respectively.Ĭaffè Vergnano is a family-owned Italian coffee company headquartered in Santena, Italy. Our investment in Caffè Vergnano is aligned with The Coca-Cola Company as we have worked together on this opportunity,” said Zoran Bogdanovic, CEO, Coca-Cola HBC. We are respectful of the company’s 140-year history and the dedication and passion of the four generations that created such a rich and renowned coffee brand, synonymous with the authentic Italian coffee experience. With Caffè Vergnano, we are well positioned to build a total coffee portfolio that caters for a diverse range of consumer preferences. “We are grateful for the trust being placed in us by the Vergnano family and are excited by the opportunities ahead with this terrific brand. ‘Caffè Vergnano is highly complementary to its existing Costa Coffee proposition and will allow Coca-Cola HBC to address an even wider range of consumer tastes and segments,’ the company wrote. Completion of the acquisition is expected in the second half of 2021 and is subject to customary closing conditions and regulatory approvals.Ĭoca-Cola HBC, the CPG arm of US beverage giant Coca-Cola, said the acquisition would contribute to its vision of being the ‘leading 24/7 beverage partner’ across its markets. In a press release, Coca-Cola HBC said the companies has also entered into an exclusive distribution agreement for Caffè Vergnano’s products in Coca-Cola HBC’s markets outside of Italy. Coca-Cola strengthens its coffee portfolio by acquiring a 30% equity shareholding in premium Italian retail coffee and café chain Casa Del Caffè VergnanoĬaffè Vergnano offers a range of retail coffee products and operates around 100 coffee shops globally | Photo credit: Coca-Cola Hellenic Bottling CompanyĬoca-Cola Hellenic Bottling Company (HBC) has pushed further into the global coffee market, acquiring a 30% stake in premium Italian retail coffee company Casa Del Caffè Vergnano.
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