Italy's Lavazza Boosts U.S. Investment to Spur Coffee ExpansionBy
Coffeemaker plans to triple U.S. revenue to $300 million
Lavazza seeks strategic partnerships as it excludes an IPO
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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