Market analyses and reports on the coffee and coffee machine markets
Olam International Limited has taken over the UK East African-focused coffee company Schluter S.A for an approximate $7.5 million, reports Daily Coffee News. While announcing the takeover, Olam International Limited, which is the parent company of Olam Coffee notes that it has a new European specialty arm by acquiring Schluter. In the same announcement, they noted that Schluter has been
The biggest coffee exporter in Africa is likely to increase its output by 5 percent next season since trees planted in Uganda in the past few years started producing. The nation’s regulator said that weather improvement played a major part (Bloomberg.com). Also, Bloomberg reports that coffee production through September 2017 is estimated to climb to 4.2 million 60-kilogram (132-pound) bags, from 4 million bags projected for the season ending
Famous Canadian coffee chain is continuing its international expansion and this time it is coming to the United Kingdom. The plan is to launch stores in England, Scotland and Wales under franchise with a UK investor, though it is not clear yet how many places there will be (torontovka). It is the first deal in Europe for the brand that
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
The Berlin Coffee Festival, which is in its second edition will be hosting the VA Barista Challenge on September 2, 2016. This brings together the city’s top 16 baristas to showcase their skills. The festival runs from 2nd to 4th of September, with workshops, tours, tastings, the coffee market and others events throughout the whole city. The Irish barista, Colin Harmon,
Despite the coffee market decreases, the demand for organic coffee in Ukraine keeps growing. According to analytical reports, organic coffee market capacity in the first half of 2016 reached 13.83 tons which is 8.9% more than in the same period last year. 70% of the cups are consumes in households, 25% – in cafes, 5% – in offices. About half of
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
Physical robusta coffee trade in Europe has begun to decrease during the summer holiday. However, traders said that flows of Indonesian robusta coffee have strengthened after a futures rally and a late start to harvest, as announced by Business Recorder. Since cash trade slowed in Europe and a number of factories were set to shut for a few weeks during