October 22, 2016 12:38 PM ET

Hotels, Restaurants and Leisure

Company Overview of Luigi Lavazza S.p.A.

Company Overview

Luigi Lavazza S.p.A. owns and operates coffee shops in Italy and internationally. The company offers coffee in various forms ranging from traditional specialties, such as espresso and cappuccino, to delicacies; and iced or hot coffee. It also sells coffee blends and capsules for home, cafe or bar, and office consumptions. In addition, the company offers coffee vending machines for office environments and public areas. Further, it offers franchise opportunities. The company was founded in 1895 and is based in Turin, Italy. Luigi Lavazza S.p.A. operates as a subsidiary of FinLav S.p.A.

Corso Novara, 59

Turin, TO 10154


Founded in 1895


39 0112 40 84 00


39 0112 39 83 33

Key Executives for Luigi Lavazza S.p.A.

Chief Executive Officer and Director
Age: 51
President and Director
Chief Executive Officer of Barista Coffee Company Ltd
Age: 44
Chief Executive Officer of Lavazza North American Operations
Honorary President
Compensation as of Fiscal Year 2016.

Luigi Lavazza S.p.A. Key Developments

Luigi Seeks Acquisitions

Luigi Lavazza S.p.A. is seeking acquisitions. Luigi will continue to look for attractive companies to buy, Chief Executive Offiecr Antonio Baravalle said, adding the perfect targets were local jewels.

Lavazza Seeks Acquisitions

Luigi Lavazza S.p.A. is looking for acquisition opportunities. Lavazza said that it wants to become a bigger player in the sector and is looking to acquisitions to boost growth after reporting a 16% rise in net profit last year. "Lavazza wants to be a leader in the sector," Antonio Baravalle, Chief Executive Officer of Lavazza, said after the 2014 results release, adding that the Italian company was ready to grow both internally and through acquisitions. He did not elaborate on possible acquisition targets.

Lavazza Expects Decision On Carte Noire Buyer By June End

Luigi Lavazza S.p.A. expects a decision on who will end up buying Carte Noire coffee brand from Mondelez International, Inc. (NasdaqGS:MDLZ) by the end of June 2015, Giuseppe Lavazza, Lavazza's Vice President, said. Mondelez in February 2015 proposed the sale of Carte Noire instead of two smaller coffee brands to soothe European competition concerns about a merger of its own coffee business with D.E. Master Blenders 1753. "We are officially in (the race) and there is a chance that some investment funds may present a rival bid," Giuseppe Lavazza said. "Negotiations will likely finish by the end of June," Lavazza added. The final closing of the deal would then depend on regulatory clearance by the European Commission.

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