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Italy's Lavazza Buys Mars Coffee Units to Expand in the U.S.

  • Purchase comes amid race for scale in global coffee business
  • Lavazza’s latest acquisition includes Flavia and Klix systems
Coffee Production At Luigi Lavazza SpA Carte Noire Factory
Photographer: Marlene Awaad/Bloomberg
Updated on

Luigi Lavazza SpA agreed to acquire the coffee business of Mars Inc., including the Flavia and Klix systems, to expand its sales in the U.S.

Lavazza is broadening its operations in office coffee makers and vending machines with the acquisition, which was first reported by Bloomberg News. The transaction values the business at about $650 million, people with knowledge of the matter said earlier.