Company Overview of Luigi Lavazza S.p.A.
Luigi Lavazza S.p.A. produces, roasts, and packages ground coffee. It offers coffee capsules and decaffeinated coffee products for home, bar, café, and office consumption. The company also offers coffee machines. It offers its products in Italy and internationally. The company was founded in 1895 and is based in Turin, Italy with production plants in Italy, India, and Brazil. Luigi Lavazza S.p.A. operates as a subsidiary of FinLav S.p.A.
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 2015.
Luigi Lavazza S.p.A. Key Developments
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.
Bidders Reportedly Appoint Advisors For L'Or and Grand Mere
Oct 17 14
Luggi Lavazza S.p.A. has hired JP Morgan while Strauss Group Ltd. (TASE:STRS) has appointed Rothschild to prepare bids for L'Or and Grand Mere brands of Mondelez International, Inc. (NasdaqGS:MDLZ), according to people familiar with the deal. BC Partners, Cinven, Clayton Dubilier & Rice, and PAI Partners are also looking to finalize their bids following preliminary talks with the sellers, who are being advised by Lazard and Perella Weinberg Partners, the sources said.
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