Italy's Lavazza Boosts U.S. Investment to Spur Coffee Expansion

  • Coffeemaker plans to triple U.S. revenue to $300 million
  • Lavazza seeks strategic partnerships as it excludes an IPO

Luigi Lavazza SpA vice chairman Giuseppe Lavazza. Photographer: Antonio Calanni/AP Photo

Luigi Lavazza SpA will direct more than a third of its investment budget toward the U.S. this year as Italy’s biggest coffeemaker seeks to triple revenue in a country that accounts for less than 10 percent of sales.

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