Tag: Canada

Lavazza buys Kicking Horse, leader in the organic and fair-trade sector

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Italian coffee giant Lavazza has bought 80% of Canada’s Kicking Horse Coffee company, a Canadian leader in the organic and fair-trade sector, Ansa reported. Elana Rosenfeld, founder and CEO, will stay on as a CEO with 20% of shares. The acquisition, 215-million Canadian dollars,  would seek to valorise Kicking Horse’s brand equity as it has done with other recent acquisitions,

Coop Coffees Creates Fund for Climate Projects

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According to  Daily Coffee News, Cooperative Coffes which imports green coffee is launching a diverse initiative program that will help all the producers linked to its network to grow progressively. The goal is to measure the amount of carbon dioxide emitted during agricultural practices that affect the environment and other projects in coffee producing areas then support the organisation financially through

S&D Coffee & Tea acquired by beverage Giant Cott corporation

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One of the largest coffee companies in the United States, North Carolina-based S&D Coffee & Tea has been acquired by the Canadian beverage company Cott Corporation. The purchase price was approximately $355 million, according to a Street Insider report. Jerry Fowden, Cott’s Chief Executive Officer said, “After closing the S&D acquisition, we will have a leading position in the coffee and tea foodservice industry

Presse Café is looking for opportunities in Moscow

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MOSCOW – Canadian coffee shop chain, Presse Café, is planning to come to the Russian market. Company’s top managers are looking for a master franchisee. At the moment, Canadians are evaluating the risks and making decisions about presence model which is most likely to be a partnership with master franchisee. According to the company’s blog, “CEO and his esteemed advisors are

Canadians take Tim Hortons’ coffee

OTTAWA – Tim Hortons coffee chain has greatly influenced coffee drinking culture in Canada. With nearly all streets having at least one Tim Hortons’ coffee shop which has ultimately changed Toronto into a coffee drinking city. With virtually over 80 per cent of all coffee lovers in Toronto choosing Tim Hortons for reasons ranging from low prizes compared to other cozy coffee chains to the