Month: March 2017

Swedish Electrolux Acquires Grindmaster-Cecilware For $108 Million

Swedish Electrolux Acquires Grindmaster-Cecilware For $108 Million

In a press release on March 2, 2017, Swedish company, Electrolux acquires Grindmaster-Cecilware, a US-based equipment manufacturer which also manufactures coffee machines, according to  Daily Coffee News According to the press release, the US-based brewing and commercial coffee grinding manufacturer was acquired for $108 million paid in cash. The acquisition will open and accelerate Electrolux’s growth and increase its access

Farmer Brothers Take-Over West Coast Coffee

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The Farmer Brothers, a Texas-based coffee roaster, distributor and wholesaler has taken over West Coast Coffee Company, reports Daily Coffee News. They acquired it for $13.5 million including a possible $1 million that depends on the company’s future performance. According to the news report, West Coast Coffee will be a subsidiary of Farmer Brothers carrying out its direct store delivery

Olam International’s African Coffee Plantations Receive Certifications

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Olam International’s two coffee plantations in Africa have recieved Rainforest Alliance Certification as well as UTZ Certification for their 2500 hectares of Arabica plantations according to dailynews.co.tz and foodbusinessafrica.com. These aren’t Olam’s only plantations in world. It’ s one of the world’s largest coffee suppliers that has coffee plantations in Africa, Asia and South America. Their other green coffee sources

Starbucks Growth Plan Includes New Upscale Cafes

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Starbucks new growth plans include increasing the number of its new upscale cafes around the world as reported by businessinsider.com. Starbucks’ new Reserve stores aim to capture the feeling of the Roastery and they will offer Princi’s food. Starbucks hasn’t revealed exactly what Princi items will be available at Reserve stores, but they have promised that pizza, sandwiches, and spirits will be