Market analyses and reports on the coffee and coffee machine markets
In April 2016 Starbucks opened its first coffee shop in Johannesburg, South Africa and thus added the 71st country to its retail chain. It is not the first time the famous coffeehouse chain is trying to conquer Sub Saharan Africa. In 2010, during the FIFA World Cup, Starbucks made a deal with Emperica marketing agency and a hotel chain Tsogo
Cofix, an Israeli coffee shop, bar and supermarket chain, has found partners to start expansion into the Russian market. Satesh Melwany, CEO at Melson Group (developer and food producer), and Mikhail and Grigoriy Pecherskiy, managing partners at ADG Group (developer) have closed the deal that will bring 1000 new coffee shops to Russia. Cumulative share of the partners in Russia
Cherie LLC, a Georgian coffee production company, is planning to deliver its coffee to Russian and Kazakhstan markets. According to Cherie CEO Irakli Lomtatidze, the company has been considering expansion to new markets for some time now. At the moment, the meetings with distributors are held. The plan is to send the first shipments to Russia and Kazakhstan in September.
Starbucks is preparing to invest in sustainable methods to support coffee production in the future, looking towards the investors. It has been reported that it’s the first time Starbucks is issuing $500 million U.S. corporate sustainability bond (Fortune, Bloomberg). The earnings from the sale of ten-year senior notes are expected to be $495.6 million (Fortune) and will fund the Eco-friendly
In Ethiopia, Arabica coffee beans are now subject to a new tagging scheme. They must be packed into a sacks marked with barcodes that tell to global buyers exactly where the beans are from. Through this tagging scheme farmers can develop more expertise and increase the value of their product before it comes to market. According to Ermias Eshetu, chief executive of the Ethiopia
The Scandinavian countries are among the world’s highest coffee consumers. The fact clearly points towards the region’s fine taste towards coffee. Instant coffee although considered undesirable, low grade form of coffee, hasn’t totally lost its sale in the Scandinavian countries and surrounding region like Belgium and Netherlands. According to the Washington Post the instant coffee sales has been almost consistently
ASTANA – Natural coffee is not very popular in Kazakhstan, but different enthusiasts try to promote coffee culture in the country. One of the reasons that made Gadzhi Gadzhiyev, the head of a production cooperative, start coffee production in Kazakhstan is that it takes too much time for coffee to travel from a country of origin to consumers. For example,
According to a recent survey by CoffeeBI, customers’ main criteria when making an espresso machine purchasing decision was “price”, the “ability to provide technical assistance” and the “front staff professionalism”. These three items received a higher score among the 10 that were put to the vote among manufacturers. Other main criteria listed were the “punctuality in delivering”, as well as
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
GEISLINGEN AN DER STEIGE – The German coffee machine maker WMF (Wuerttembergische Metallwarenfabrik) is about to be sold by Kohlberg Kravis Roberts & Co. that acquired the company in 2012 with a deal of €587 million. The private equity company later bought the remaining shares as well. Working with City and Deutsche Bank, KKR is now welcoming proposals from contesting potential buyers on the sale of WMF. The huge deal is expected