Trademagazin > News and articles > Company and Personal News > Illycaffè is not for sale, but they would welcome new investors
Illycaffè is not for sale, but they would welcome new investors
Premium coffee maker Illycaffè may bring new investors on board in the medium term, but the founding family wants to keep control of the business – informed CEO Massimiliano Pogliani. So far the Italian company has said no to overtures from bigger rivals looking to buy the brand. However the Illy family could bring in investors to speed up a plan made in 2016 to double revenue in 10 years.
Related news
Illycaffe seeks U.S. retail partner to expand its coffee cafe network
Premium coffee maker Illycaffe is ready to sell a stake…
Read more >Italy’s illycaffe buys its British distributor
Italian coffee roaster illycaffe has bought its distributor in Britain,…
Read more >
More related news >
Related news
62,700 purchases – all previous records broken at ALDI’s Sziget store
ALDI has set up a pop-up store at the Sziget…
Read more >The world of Minecraft comes to life in SPAR stores
The characters from one of the world’s most well-known and…
Read more >Ministry of Agriculture: Hungarian farmers can always count on the national government
Hungarian farmers are one of the government’s most important allies,…
Read more >