Company Overview of Luigi Lavazza S.p.A.
Luigi Lavazza S.p.A. engages in producing, roasting, and packaging roast and ground coffee. It offers coffee capsules; decaffeinated coffee products for home, bar, cafe, and office consumption; and hot beverages and mixes for sorbets and cold creams. The company also operates a restaurant and bar; and manufactures wines. In addition, it offers espresso and cappuccino machines for offices, shops, businesses, small and large communities, and public areas with high footfalls; coffee recipes; and coffee cups. Further, the company operates a chain of coffee shops; provides products, accessories, advice, and services for hotels, restaurants, and cafeteria professionals; and offers training service...
Corso Novara, 59
Turin, TO 10154
Founded in 1895
Key Executives for Luigi Lavazza S.p.A.
Chief Executive Officer and Director
Chief Executive Officer of Barista Coffee Company Ltd
Chief Executive Officer of Lavazza North American Operations
Compensation as of Fiscal Year 2014.
Luigi Lavazza S.p.A. Key Developments
Luigi Lavazza Reportedly Seeks Acquisitions
Feb 24 15
Luigi Lavazza S.p.A. is seeking acquisitions. A source close to the matter said Lavazza had put aside cash for acquisitions, Reuters reported.
Lavazza May Sell Portion Of Keurig Green Mountain Stake
Jan 26 15
Luigi Lavazza S.p.A. seeks to sell portion of stake in Keurig Green Mountain, Inc. (NasdaqGS:GMCR). Lavazza disclosed that it is currently engaged in important strategic transactions unrelated to Keurig Green Mountain for which it will have significant cash requirements. Lavazza said, "Lavazza intends to continue to review market conditions for shares of Common Stock and, as noted above, may from time to time sell additional shares of Common Stock."
Lavazza Reportedly In Race To Buy L’Or And Grand’Mere
Jan 8 15
Luigi Lavazza S.p.A. is reportedly offering €600 million for L’Or and Grand’Mere brands, which might be put up for sale by Mondelez International, Inc. (NasdaqGS:MDLZ) and D.E Master Blenders 1753 N.V. The price offered by Lavazza equals 10 times the earnings before interest, tax, depreciation and amortisation (EBITDA) totaling €55 million, and doubles the revenue of €300 million of L’Or and Grand’Mere. 3 out of 12 candidates passed the first stage of the tender, including Lavazza, BC Partners and Cinven, reported Les Echos on January 7 citing unidentified sources. Other initial candidates were Segafredo Zanetti S.p.A., Strauss Group Ltd. (TASE:STRS) and UCC Holdings Co., Ltd. Lavazza's offer does not include the production facilities of L’Or and Maison de Café near Montpellier and Andrezieu, while BC Partners and Cinven bid for the plants too, sources said. Lazard Ltd. (NYSE:LAZ) is advising on the sale, Les Echos reported.
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