Market analyses and reports on the coffee and coffee machine markets
According to Globes , Strauss Coffee, a global company based in Israel, is planning to acquire Norddeutsche Kaffeewerke GmbH, a German coffee producer located near Hamburg. Prior to that, in 2012, the Israeli company made an agreement with the producer. Norddeutsche Kaffeewerke has been producing freeze-dried instant coffee that is delivered by Strauss Coffee’s subsidiary to Russia and other countries in CIS. According to
Cofix Group Ltd has expanded its coffee chain in Moscow, Bloomberg reports. The Israel low-cost coffee chain has a reduced price on its cappuccino brand compared to Starbucks Corp’s price in order to lure in Russian coffee consumers. Created in 2013, the Tel Aviv-based company has 152 shops in Israel. Russia is its first expansion market out of Israel and
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