Sector News

Massimo Zanetti Beverage Group acquires Portugal’s Cafés Nandi

February 14, 2019
Food & Drink

Massimo Zanetti Beverage Group (MZBG) has acquired Portuguese company Cafés Nandi as it responds to growing coffee demand from across Europe.

The deal, which has been carried out through the Massimo Zanetti Beverage Iberia subsidiary, sees the Italian coffee company look to expand in the foodservice segment.

Founded in 1960, Cafés Nandi is based near Lisbon and produces a range of coffees, teas and infusions.

MZBG CEO Massimo Zanetti said: “I’m proud we have completed the acquisition of Cafés Nandi SA, a company based in Amadora, near Lisbon, which will enable us to expand the existing production site and to double production capacity during 2019 to meet the growing demand at European level, also for single serves.

“The new plant will be equipped with cutting-edge technology to take up new challenges and achieve major new expansion goals.”

Massimo Zanetti Beverage Iberia was created in 2017 through the merger of Segafredo Zanetti Portugal and Nutricafés, the Portuguese coffee company which MZBG acquired the year before. The deal saw the firm strengthen its presence in both Portugal and Spain.

MZBG – owner of brands such as Segafredo Zanetti and Kauai Coffee – earlier this month completed the acquisition of Australian coffee group The Bean Alliance for AUD 24 million ($17.4 million).

The Bean Alliance supplies a range of premium coffees under brands such as Bean Ground and Drunk, Gravity Espresso and Ox3.

By Jules Scully

Source: FoodBev

Join the discussion!

Your email address will not be published. Required fields are marked *

Related News

January 24, 2021

Cargill in talks to divest assets in global sugar trading business

Food & Drink

The agri-food powerhouse is now eyeing the potential sale of a 50 percent stake Alvean, a joint venture with Brazilian sugar giant Copersucar. Following the pending divestiture, Cargill would pivot its focus toward its food processing and meat activities.

January 23, 2021

Reusable packaging scrutinized: Huhtamaki and Stora Enso welcome science supporting single-use fiber fast food model

Food & Drink

The Life Cycle Assessment (LCA) conducted by Ramboll suggests advantages are primarily driven by the carbon emissions related to the amount of energy and freshwater required to wash the multi-use tableware.

January 23, 2021

Heineken South Africa to cut jobs due to alcohol ban impact

Food & Drink

The brewer’s South African arm says there has been significant impact from bans on alcohol sales and Covid-19 trading restrictions. At the end of December, the country banned alcohol sales for the third time to help reduce the pressure on emergency services.

Send this to a friend