Market analyses and reports on the coffee and coffee machine markets
The Meru, county in Kenya, has planned to start it’s own coffee brand in order to raise earnings from the cash crop, All Africa reports. The county, according to the Mr Ntoitha M’Mithiaru, produces one of the best quality of coffee in the world. Mr Ntoitha, who is the cooperative, trade and tourism executive also said developing a coffee brand will
Moustache Coffee Club, the American coffee subscription company, has absorbed its nano-roasting offshoot, Root Coffee Roasters, both of which were founded by recent Irish transplant Sean Reilly. The coffees are sourced primarily through Nordic Approach and profiled by Reilly on a Quest M3 roasting machine. Production is then completed on a partner roaster’s Probat in Culver City through a toll-roasting agreement. Moustache Coffee Club has just finished its second round of
PJ’s coffee of New Orleans aims to extend business overseas with the opening of their first store at Vietnam’s Ho Chi Minh city at Vincom B centre shopping mall (Dailyjournal.net). The company even plans to further extend the operation by opening another store in Vietnam by this December and ten more at different international locations in the next five years. Originally the
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
The Glasgow-based roasting company has been sold to one of the largest volume coffee roasting and retailing companies in the world, Germany’s Tchibo, a family owned German food business (Daily Coffee News). Although the net-value of the deal is not made public, it is likely to be worth tens of millions of pounds (heraldscotland.com) who are making estimate looking at Govan-based
Hawaii is not only part of a fabulous archipelago in the Pacific, rich in flowers and sea life, but also rich in soil able to grow the coffee plants that produce one of the most expensive coffees in the world. The most famous Hawaiian coffee is “Kona”, cultivated on the slopes of Hualalai and Mauna Loa, in the North and South Kona Districts
In an effort to fight waste and make better example for environmental friendly steps, the city of Hamburg has announced an all-out ban in the state-run buildings on pod coffee (independent.co.uk). According to Jan Dube, spokesman of the Hamburg Department of the Environment and Energy, the capsules cannot be easily recycled because of the complexity of the packaging which consists
Intercontinental Exchange Inc. has proposed changes to its robusta coffee contract, said people familiar with the matter. These changes are made in order to provide a level playing field for all buyers and sellers, Bloomberg reports. Traders bringing coffee from producing countries to be delivered against ICE’s London futures would have to pay the fee for removing the beans from
Ecom Agroindustrial Corp. is expanding its business in Europe with a new office in Italy, as reported by Bloomberg. The world’s second-largest coffee trader just opened their office in Genoa, according to Guillaume Zbinden, Ecom’s southern Europe coffee manager. Also, the trader hired Davide Rocca from Louis Dreyfus Co. to lead the team in Italy, which is the third-largest coffee
A poll by Reuters on 11 traders and analysts showed a price increase across the board with arabica and robusta both experiencing harvest related problems. Weather conditions have affected coffee producers in many countries. Fortune reports the El Niño have affected growers in Asia, especially Vietnam. In Uganda, droughts in the south and south western regions are expected to reduce production.