Leading Italian coffee company, Lavazza, has taken a controlling stake in Canadian roaster, Kicking Horse Coffee in a deal that values the company at US$160 million. Kicking Horse was started in British Columbia by Elana Rosenfeld
And Leo Johnson in 1996 and is now Canada’s leading roaster of organic and fair trade coffee. Rosenfeld holds the remaining 20 per cent stake and will stay on as the company’s CEO. The acquisition marks the continuation of Lavazza’s efforts to grow its business outside of its traditional strongholds in Europe and Australia. Last year Lavazza bought French Coffee brand Carte Noir and the Danish label Merrild.
Hermanos Colombian Coffee Roasters launches UK-wide
Hermanos Colombian Coffee Roasters, a London-based specialty coffee brand, is expanding its footprint across the UK with the launch of...
